Denmark Inflation Hits 9-Month High

Denmark’s annual inflation rate rose to 2.2% in September 2026, the highest level in a year, from 2.0% in August. The main upward pressures came from higher housing and utility costs (1.7% vs 1.0%) and a pickup in transport inflation (7.7% vs 4.5%). Price increases were also recorded in recreation, sports and culture (2.7% vs 2.3%), personal care and miscellaneous goods and services (2.0% vs 1.8%), and household equipment and services edged up (0.1% vs -0.2%). In contrast, price growth slowed for restaurants and hotels (5.2% vs 7.6%) and information and communication (3.7% vs 5.1%). Food prices fell further (-2.1% vs. -1.5%), while clothing and footwear prices also dropped (-0.6% vs 1.1%). On a monthly basis, consumer prices were unchanged in September, after falling 0.3% in the previous month. Core inflation, which excludes energy and unprocessed food, eased to 1.9% in September, its lowest level in five months, from 2.2% in August.

The annual inflation rate in Denmark rose to 2% in August 2026 from 1.7% in July, marking the highest level since November 2025. The uptick was mainly driven by a faster rise in housing and utility costs (1% vs 0% in July). Additional upward pressure came from higher prices for information and communication (5.1% vs 4.6%), leisure, sports and culture (2.3% vs 0.8%), and personal care and miscellaneous goods and services (1.8% vs 1.5%). Meanwhile, food prices continued to decline, albeit at a slightly slower pace than in the prior month (-1.5% vs -1.6%). Transport inflation also slowed (4.5% vs 5.5%), as did price growth for restaurants and hotels (7.6% vs 8.1%). On a monthly basis, consumer prices fell by 0.3%, the first decline in seven months, reversing a 1.3% increase in July. Core inflation, which excludes energy and unprocessed food, edged down to 2.2% in August from 2.3% in each of the previous two months.

The annual inflation rate in Denmark eased to 1.7% in July 2026 from 1.9% in each of the previous two months. The main downward pressures came from housing and utilities, where prices were unchanged (0% vs 0.5% in June), and a sharper decline in food prices (-1.6% vs -0.9%). Price growth also softened for leisure, sports and culture (0.8% vs 2.8%), personal care and miscellaneous goods and services (1.5% vs 1.8%), and clothing and footwear (0.9% vs 2.3%). Meanwhile, transport costs accelerated (5.5% vs 4.5%), mainly driven by higher petrol prices (20.1% vs 15.3%). Prices for restaurants and hotels also rose more sharply (8.1% vs 5.7%) due to higher holiday home rental costs. Inflation for information and communication was unchanged at 4.6%. On a monthly basis, consumer prices increased by 1.3%, following a 0.2% rise in the previous month. Core inflation, which excludes energy and unprocessed food, remained steady at 2.3% in July.