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.