Inflation Rate in Denmark increased to 1.90 percent in June from 1.60 percent in May of 2025. This dataset provides - Denmark Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

From the end of 2021 to the end of 2022, the inflation rate in Denmark rose sharply. However, after peaking at ** percent in October that year, it started to decrease, falling to *** percent by August 2024. Next to effects of the COVID-19 pandemic, Russia's invasion of Ukraine in February 2022 led to increasing prices, especially spurring insecurity around the world's energy supply.

In 2024, the inflation rate in Denmark amounted to 1.27 percent compared to the previous year. Forecasts see it rising to around two percent, the rate of inflation considered stable by economists. Denmark’s economy in short Denmark is a market economy with a consistent trade surplus, with most of its workforce employed in the services sector. It relies on foreign trade and exports mostly chemicals, agricultural products, and machinery. Denmark is not part of the euro area and thus has kept its currency, the Danish krone. Nevertheless, it was hit by the recession of 2008 and 2009, but has recovered quite well. Everything’s stable in the state of DenmarkDespite a slump during the economic crisis around 2008 and 2009, Denmark’s economy is considered to be thriving. Key economic indicators all point to a bright future: Unemployment has been decreasing for the last few years, GDP growth has been steady, and additionally, Denmark scored quite high on the Human Development Index (HDI) – a sure sign that economy and living conditions in the country are stable.

Core consumer prices in Denmark increased 1.90 percent in June of 2025 over the same month in the previous year. This dataset provides - Denmark Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Denmark increased 0.20 percent in June of 2025 over the previous month. This dataset provides - Denmark Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rates of energy commodity prices in Denmark have increased significantly since 2021. Gas saw an inflation rate of 179.3 percent in September 2022, the highest annual change in the last three years. These developments occurred following Russia's invasion of Ukraine, which has been the cause of uncertainty over Europe's security of gas supply, as well as intense energy price volatility. After decreasing in 2023, the harmonized price index of consumer prices for energy commodities showed a new increase as of the end of 2024.

Harmonised Inflation Rate YoY in Denmark increased to 1.80 percent in June from 1.50 percent in May of 2025. This dataset includes a chart with historical data for Denmark Harmonised Inflation Rate YoY.

Denmark: Inflation forecast: The latest value from 2030 is 2 percent, unchanged from 2 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Denmark from 1980 to 2030 is 2.83 percent. The minimum value, 0.3 percent, was reached in 2015 while the maximum of 12.4 percent was recorded in 1981.

As a result of the COVID-19 pandemic and Russia's invasion of Ukraine in February 2022, inflation rates have been increasing around the world through the last months of 2021 and throughout 2022. In Denmark, especially the prices of housing, electricity and gas etc. as well as food and non-alcoholic beverages have risen sharply, but in January 2024, education was the commodity group with the highest inflation rate. In total, the inflation rate in Denmark that month stood at 1.2 percent.

Historical dataset showing Denmark inflation rate by year from 1960 to 2024.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Denmark was 1.52 percent. That number was released in . It shows no change from the inflation rate in the previous month when it stood at 1.52 percent. Compared to a year ago, we see a decrease from the inflation...

Cost of food in Denmark increased 5.20 percent in June of 2025 over the same month in the previous year. This dataset provides - Denmark Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

-3.8 (%) in 2023. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Denmark (CPGRLE01DKQ657N) from Q2 1970 to Q4 2023 about Denmark, core, all items, CPI, inflation, price index, indexes, and price.

In March 2025, the inflation rate for food in Denmark increased by about 5.8 percent compared to the same month the previous year, the highest during the period shown.

Denmark DK: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 1.555 % in 2017. This records an increase from the previous number of -0.046 % for 2016. Denmark DK: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 3.945 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 13.356 % in 1975 and a record low of -0.046 % in 2016. Denmark DK: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Denmark – Table DK.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

This statistic shows the monthly inflation rate for HICP (all items) compared to the same period in the previous year in Denmark from January to December 2018. In December 2018, the inflation rate was 0.7 percent compared to the same month in the previous year.

Services Inflation in Denmark increased to 2.50 percent in June from 2.10 percent in May of 2025. This dataset includes a chart with historical data for Denmark Services Inflation.

Inflation, monthly percent change in the CPI in Denmark, May, 2025 The most recent value is 0 percent as of May 2025, a decline compared to the previous value of 0.08 percent. Historically, the average for Denmark from February 1996 to May 2025 is 0.15 percent. The minimum of -1.52 percent was recorded in May 2023, while the maximum of 2.06 percent was reached in July 2023. | TheGlobalEconomy.com

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Denmark (CPGRLE01DKA657N) from 1971 to 2023 about Denmark, core, all items, CPI, inflation, price index, indexes, and price.