Denmark's annual inflation rate came in at 0.5 percent in December of 2020, unchanged from the previous month. Prices rose softer for food & non-alcoholic beverages (0.2% vs 0.5% in November), restaurants & hotels (0.3% vs 0.6%), health (0.7% vs 1.1%), while those of recreation & culture were unchanged (vs 0.1% in November).Meantime, prices of housing & utilities inched up 0.1 percent, after being flat in the prior month. By contrast, prices fell further for transport (-1.3% vs -1.8%), furniture & household equipment (-0.8% vs -0.5%) and clothing & footwear (-3.6% vs -2.6%). On a monthly basis, consumer prices were down 0.2 percent, after a 0.1 percent drop in November. The harmonized index of consumer prices rose 0.4 percent in December, the same pace as in the prior month. source: Statistics Denmark
Inflation Rate in Denmark averaged 2.79 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 February of 2021.
Inflation Rate in Denmark is expected to be 0.60 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 1.20 in 12 months time. In the long-term, the Denmark Inflation Rate is projected to trend around 2.00 percent in 2022, according to our econometric models.