Denmark Inflation Rate

Last Release

Feb 28, 2025

Actual

Units In

1.5

Frequency

Monthly

Next Release

Apr 10, 2025

Time to Release

29 Days 2 Hours

Highest	Lowest	Average	Date Range	Source
13 Jun 1981	-0.1 Jan 2015	2.86 %	1981-2025	Statistics Denmark

In Denmark, the most important category in the consumer price index is Housing and Utilities (29.4 percent of total weight). Food and Non-Alcoholic Beverages accounts for 12.2 percent; Transport for 11.8 percent; Recreation and Culture for 10.9 percent; Miscellaneous Goods and Services for 9.6 percent and Restaurants and Hotels for 6.2 percent. Furniture, Household Goods and Maintenance; Clothing and Footwear; Alcoholic beverages and Tobacco; Health; Communication and Education account for the remaining 19.9 percent of total weight.

Latest Updates

The annual inflation rate in Denmark rose to 2% in February 2025, the highest in nine months, from 1.5% in January. Main upward pressure came from higher prices of food & non-alcoholic beverages (5.7% vs 4.4% in January) and housing & utilities (2.7% vs 1.9%). Prices also increased for communication (3% vs 0.1%) and health (1.8% vs 1.4%), while rebounded for recreation & culture (1.1% vs -0.2%) and clothing & footwear (0.8%vs -0.8%). On the other hand, price growth slowed for transport (0.3% vs 1%), alcoholic beverages & tobacco (1.2% vs 1.9%), restaurants & hotels (1.1% vs 1.9%), and miscellaneous goods & services (2% vs 2.2%). Meanwhile, the core inflation, which excludes energy and unprocessed food, rose to a thirteen-month high of 1.8% in February, from 1.4% in the previous month. On a monthly basis, consumer prices increased by 1%, following a 0.6% rise in January.