Denmark's annual inflation rate increased to 6.7 percent in April 2022 from 5.4 percent a month earlier. It was the highest inflation rate since August 1984, mainly boosted by a faster rise in prices of housing and utilities (9.8 percent vs 7.0 percent in March), food and non-alcoholic beverages (7.1 percent vs 5.4 percent), transport (10.9 percent vs 10.2 percent), and restaurants & hotels (7.6 percent vs 5.8 percent). On a monthly basis, consumer prices went up by 1.6 percent, the highest on record, and accelerating from a 0.6 percent rise in March. The harmonized index of consumer prices rose 7.4 percent in April, the highest since the series began in 1990. source: Statistics Denmark
Inflation Rate in Denmark averaged 2.79 percent from 1981 until 2022, 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 2022.
Inflation Rate in Denmark is expected to be 5.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Inflation Rate is projected to trend around 2.00 percent in 2023 and 1.70 percent in 2024, according to our econometric models.