Denmark's annual inflation rate came in at 0.8 percent in December 2018, unchanged from the previous month. Prices increased at a softer pace for both transport (0.7 percent vs 2.3 percent in November) and recreation & culture (1.6 percent vs 1.7 percent). Meanwhile, prices rose faster for housing & utilities (1.5 percent vs 1.3 percent); restaurants & hotels (1.7 percent vs 1.4 percent). On the other hand, prices fell for miscellaneous goods and services (-0.2 percent from a flat reading in November) while prices of food and non-alcoholic beverages continued to decline (-0.2 percent vs -0.8 percent). The harmonized index of consumer prices went up by 0.7 percent year-on-year in December, the same pace as in November. Inflation Rate in Denmark averaged 2.91 percent from 1981 until 2018, reaching an all time high of 13 percent in June of 1981 and a record low of -0.10 percent in January of 2015.

Inflation Rate in Denmark is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Denmark to stand at 2.20 in 12 months time. In the long-term, the Denmark Inflation Rate is projected to trend around 2.10 percent in 2020, according to our econometric models.

Denmark Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-10 06:00 AM Inflation Rate YoY 0.6% 1% 1% 1.4%
2018-11-12 07:00 AM Inflation Rate YoY 0.8% 0.6% 1% 1.2%
2018-12-10 07:00 AM Inflation Rate YoY 0.8% 0.8% 1.1%
2019-01-10 07:00 AM Inflation Rate YoY 0.8% 0.8% 1.3%
2019-02-11 07:00 AM Inflation Rate YoY 0.8%
2019-03-11 07:00 AM Inflation Rate YoY
2019-04-10 06:00 AM Inflation Rate YoY 1.8%


Denmark Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 0.80 13.00 -0.10 percent [+]
Consumer Price Index CPI 102.40 102.40 103.10 33.00 Index Points [+]
Harmonised Consumer Prices 101.60 102.00 102.70 63.40 Index Points [+]
Core Consumer Prices 102.20 102.50 103.40 75.80 Index Points [+]
Core Inflation Rate 0.70 0.70 3.30 0.10 percent [+]
GDP Deflator 108.26 107.45 108.26 68.09 Index Points [+]
Producer Prices 110.20 111.30 111.40 63.80 Index Points [+]
Export Prices 118.20 118.60 131.80 98.70 Index Points [+]
Import Prices 117.60 117.90 125.30 98.80 Index Points [+]
Food Inflation -0.20 -0.80 10.50 -3.00 percent [+]
Inflation Rate Mom -0.30 -0.30 1.20 -0.60 percent [+]
Producer Prices Change 0.50 1.20 6.90 -3.90 percent [+]
CPI Transportation 101.30 102.60 103.80 77.70 Index Points [+]


Denmark Inflation Rate

In Denmark, the most important category in the consumer price index is Housing and Utilities (29.4 percent of total weight). Food and Non-Alcoholic Beverages accounts for 12.2 percent; Transport for 11.8 percent; Recreation and Culture for 10.9 percent; Miscellaneous Goods and Services for 9.6 percent and Restaurants and Hotels for 6.2 percent. Furniture, Household Goods and Maintenance; Clothing and Footwear; Alcoholic beverages and Tobacco; Health; Communication and Education account for the remaining 19.9 percent of total weight. This page provides - Denmark Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Inflation Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.80 13.00 -0.10 1981 - 2018 percent Monthly
2015=100




Country Last Previous
Argentina 47.10 Dec/18
Australia 1.90 Sep/18
Brazil 3.75 Dec/18
Canada 1.70 Nov/18
China 1.90 Dec/18
Euro Area 1.60 Dec/18
France 1.60 Dec/18
Germany 1.70 Dec/18
India 2.19 Dec/18
Indonesia 3.13 Dec/18
Italy 1.10 Dec/18
Japan 0.80 Nov/18
Mexico 4.83 Dec/18
Netherlands 2.00 Dec/18
Russia 4.30 Dec/18
Saudi Arabia 2.80 Nov/18
Singapore 0.30 Nov/18
South Africa 5.20 Nov/18
South Korea 1.30 Dec/18
Spain 1.20 Dec/18
Switzerland 0.70 Dec/18
Turkey 20.30 Dec/18
United Kingdom 2.10 Dec/18
United States 1.90 Dec/18


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