Denmark Inflation Rises to 2.0%, Highest in 9 Months

Denmark's consumer price inflation increased in August to the highest level in nine months, according to data released by Statistics Denmark on Thursday. The consumer price index rose 2.0 percent year-over-year in August, up from a 1.7 percent increase in July. This marked the highest inflation rate since November 2025, when prices rose by 2.1 percent.

On a monthly basis, consumer prices dropped by 0.3 percent in August, compared to a 1.3 percent gain recorded in the previous month.

Restaurants and hotels drove the inflation in August, with costs surging by 7.6 percent. Housing and utilities inflation stood at 1.0 percent, compared to a flat change in the prior month. Price growth for clothing and footwear accelerated to 1.1 percent from 0.9 percent, while deflation in food and non-alcoholic beverages eased slightly to 1.5 percent from 1.6 percent.

Meanwhile, core inflation, which excludes energy and unprocessed food, slowed down to 2.2 percent from 2.3 percent in the previous month.