Denmark Inflation Steady at 2.2% in October

Denmark’s annual inflation rate was unchanged at 2.2% in October 2026, remaining at its highest level since September 2025. Prices rose faster for housing and utilities (2.5% vs 1.7% in September), information and communication (4.2% vs 3.7%), and personal care and miscellaneous goods and services (2.1% vs 2.0%). In contrast, price growth slowed for transportation (7.4% vs 7.7%), recreation, sports and culture (0.6% vs 2.7%), and restaurants and hotels (4.4% vs 5.2%), while prices fell further for food and non-alcoholic beverages (-2.3% vs -2.1%) and clothing and footwear (-1.1% vs -0.6%). On a monthly basis, consumer prices rose 0.5% in October, after a flat reading in September. Core inflation, which excludes energy and unprocessed food, eased further to 1.7% in October from 1.9% in the previous month, marking the lowest level since April.

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.