Core consumer prices in Denmark increased 0.80 percent in December of 2019 over the same month in the previous year. Core Inflation Rate in Denmark averaged 1.56 percent from 2001 until 2019, reaching an all time high of 3.30 percent in August of 2008 and a record low of 0.10 percent in December of 2016. source: Statistics Denmark

Core Inflation Rate in Denmark is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Denmark to stand at 1.10 in 12 months time. In the long-term, the Denmark Core Inflation Rate is projected to trend around 1.50 percent in 2020, according to our econometric models.

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Denmark Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.70 3.30 0.10 2001 - 2019 percent Monthly
2015=100


Denmark Core Inflation Rate
In Denmark, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.

Denmark Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 0.70 13.00 -0.10 percent [+]
Consumer Price Index CPI 102.90 103.10 103.50 33.00 points [+]
Harmonised Consumer Prices 102.40 102.60 103.10 63.40 points [+]
Core Consumer Prices 103.00 103.20 103.70 75.80 points [+]
Core Inflation Rate 0.80 0.70 3.30 0.10 percent [+]
GDP Deflator 109.40 109.34 109.40 68.09 points [+]
Producer Prices 103.80 103.40 103.80 59.30 points [+]
Export Prices 122.80 119.10 131.80 98.70 points [+]
Import Prices 116.40 115.70 125.30 98.80 points [+]
Food Inflation 0.90 1.20 10.50 -3.00 percent [+]
Inflation Rate Mom -0.20 -0.20 1.20 -0.60 percent [+]
Producer Prices Change 1.70 0.90 6.90 -3.90 percent [+]
CPI Transportation 103.10 102.90 104.50 77.70 points [+]