Denmark Inflation Eases Further

Denmark’s annual inflation rate edged down to 0.7% in February 2026 from 0.8% in January, marking the lowest level since April 2024. Price growth slowed mainly for food and non-alcoholic beverages (2.6% vs 3.8% in January), restaurants and hotels (1.3% vs 1.4%), and information and communication (3.1% vs 3.5%). Housing and utility costs continued to fall, albeit at a softer pace (-0.9% vs -1.3%), while transportation costs declined further (-0.8% vs -0.2%). On the other hand, inflation rose for leisure, sports, and culture (3.3% vs 1.9%) and personal care and miscellaneous goods and services (2.6% vs 2.4%). On a monthly basis, consumer prices increased by 1%, rebounding from a 0.6% drop in the previous month. Core inflation, which excludes energy and unprocessed food, eased slightly to 1.8% in February, the lowest since May 2025, from 1.9% in January.

Denmark’s annual inflation rate decelerated to 0.8% in January 2026 from 1.9% in December. This marked the lowest level since April 2024, largely due to lower prices for housing and utilities (-1.3% vs 1.2% in December) and transportation (-0.2% vs 1.3%), as well as slower price growth in restaurants and hotels (1.4% vs 3.3%), information and communication (3.5% vs 4%), and miscellaneous goods and services (2.4% vs 3.3%). Conversely, inflation rose slightly for food and non-alcoholic beverages (3.8% vs 3.6%) and recreation and culture (1.9% vs 1.8%). On a monthly basis, consumer prices decreased by 0.6%, following a 0.4% fall in each of the previous two months. Core inflation, which excludes energy and unprocessed food, eased to 1.9% in January, the lowest in seven months, from 2.3% in each of the previous three months.

Denmark’s annual inflation rate eased to 1.9% in December 2025 from 2.1% in each of the previous two months. This was the lowest inflation rate since June, amid softer price increases in transport (1.2% vs 1.4% in November), recreation and culture (1.8% vs 1.9%), restaurants and hotels (3.3% vs 4%), and health (1.8% vs 2.4%). Declines were also seen in prices of furnishings, household equipment, and maintenance (-1.2% vs -0.1%) and clothing and footwear (-0.2% vs -0.6%). Meanwhile, inflation was steady for food and non-alcoholic beverages (at 3.5%), housing and utilities (at 1.2%), and education (at 4%), while it rose for miscellaneous goods and services (3.3% vs 3%). On a monthly basis, consumer prices fell by 0.4%, following a 0.3% drop in November. Core inflation, which excludes energy and unprocessed food, edged down to 2.2% from 2.3% in each of the previous two months. In 2025, the average inflation rate was 1.9%.