Consumer prices in Denmark were flat from a year earlier in April 2020, after a 0.4 percent rise in the previous month. Prices were unchanged for: food & non-alcoholic beverages (vs 1.2% in March); housing & utilities (vs 0.3%); transport (vs -0.9%); health (vs 1.6%); furniture & household equipment (vs -0.5%); clothing & footwear prices fell (vs -0.9%); restaurants & hotels (vs 1.4%), and recreation & culture (vs 1.3%) On a monthly basis, consumer prices were unchanged, following a 0.3 percent fall in March. The harmonized index of consumer prices were flat in April, after a 0.3 percent rise in March.

Inflation Rate in Denmark averaged 2.83 percent from 1981 until 2020, reaching an all time high of 13 percent in June of 1981 and a record low of -0.10 percent in January of 2015. This page provides - Denmark Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Statistics Denmark

Inflation Rate in Denmark is expected to be 1.10 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 1.50 in 12 months time. In the long-term, the Denmark Inflation Rate is projected to trend around 1.60 percent in 2021 and 2.00 percent in 2022, according to our econometric models.

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Denmark Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.40 13.00 -0.10 1981 - 2020 percent Monthly
2015=100


Calendar GMT Actual Previous Consensus TEForecast
2020-02-10 07:00 AM Jan 0.7% 0.8% 0.8%
2020-03-10 07:00 AM Feb 0.8% 0.7% 0.9%
2020-04-14 06:00 AM Mar 0.4% 0.8% 0.7%
2020-05-11 06:00 AM Apr 0% 0.4% -0.1%
2020-06-10 06:00 AM May 0%
2020-07-10 06:00 AM Jun 1.1%
2020-08-10 06:00 AM Jul
2020-09-10 06:00 AM Aug


News Stream
Danish Consumer Prices Unchanged in April
Consumer prices in Denmark were flat from a year earlier in April 2020, after a 0.4 percent rise in the previous month. Prices were unchanged for: food & non-alcoholic beverages (vs 1.2% in March); housing & utilities (vs 0.3%); transport (vs -0.9%); health (vs 1.6%); furniture & household equipment (vs -0.5%); clothing & footwear prices fell (vs -0.9%); restaurants & hotels (vs 1.4%), and recreation & culture (vs 1.3%) On a monthly basis, consumer prices were unchanged, after a 0.3 percent fall in March. The harmonized index of consumer prices were flat in April, following a 0.3 percent rise in March.
2020-05-11
Danish Inflation Rate Eases to 7-Month Low
Denmark's annual inflation rate declined to 0.4 percent in March 2020 from 0.8 percent in the previous month. It was the lowest inflation rate since last August, as prices rose softer for health (1.6% vs 2.9% in February); recreation & culture (1.3% vs 2.1%) and restaurants & hotels (1.4% vs 1.6%). In addition, cost fell for transport (-0.9% vs 1.4%); furniture & household equipment (-0.5% vs 0.6%) and clothing & footwear (-0.9% vs -1.5%). Meanwhile, prices increased faster for housing & utilities (0.3% vs 0.1%) and food & non-alcoholic beverages (1.2% vs 0.4%). On a monthly basis, consumer prices decreased 0.3 percent, after a 0.6 percent gain in February. The harmonized index of consumer prices went up 0.3 percent year-on-year in March, following a 0.7 percent rise in February.
2020-04-14
Danish Inflation Rate Edges Higher to 0.8%
Denmark's annual inflation rate inched up to 0.8 percent in February 2020 from 0.7 percent in the previous month. Prices rose faster for health (2.9% vs 2.2 % in January), furniture & household equipment (0.6% vs 0.5%), and recreation & culture (2.1% vs 1.2%). Meanwhile, prices went up softer for: housing & utilities (0.1% vs 0.5%), food & non-alcoholic beverages (0.4% vs 0.7%), transport (1.4% vs 1.8%), restaurants & hotels inflation was steady (1.6% vs 2.0%). In addition, clothing & footwear prices dropped (-1.5% vs -5.3%). On a monthly basis, consumer prices increased 0.6 percent, after edging up 0.1 percent in January. The harmonized index of consumer prices rose by 0.7 percent year-on-year in February, after a 0.8 percent gain in January.
2020-03-10
Danish Inflation Rate Eases to 0.7% in January
Denmark's annual inflation rate inched lower to 0.7 percent in January 2019 from 0.8 percent in the previous month. Prices rose softer for: housing & utilities (0.5% vs 0.7% in December 2019), food and non-alcoholic beverages (0.7% vs 0.9%) and recreation & culture (1.2% vs 1.4%). In addition, clothing & footwear prices dropped more (-5.3% vs -3.2%). Meanwhile, prices went up faster for: transport (2.7% vs 1.8%), health (2.2% vs 2.0 %), restaurants & hotels inflation was steady (2.0% vs 1.7%), while furniture & household equipment prices rose by 0.5% after being flat in December. On a monthly basis, consumer prices edged up 0.1 percent, after declining 0.2 percent in December. The harmonized index of consumer prices rose by 0.8 percent year-on-year in January, the same pace as in December.
2020-02-10

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.