Denmark core inflation rate

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Denmark core inflation rate: 1.3 (-18.75%)
Last Update: May 31, 2024

Denmark core inflation rate closed down 1.3 as of May 31, 2024 from 1.6 from the previous month and 5.01 from last year.


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Denmark core inflation rate

DateValues
2024-05-31 1.3
2024-04-30 1.6
2024-03-31 1.7
2024-02-29 1.74
2024-01-31 2.47
2023-12-31 2.58
2023-11-30 3.02
2023-10-31 3.29
2023-09-30 3.67
2023-08-31 4.21
2023-07-31 5.3
2023-06-30 4.9
2023-05-31 5.01
2023-04-30 6.07
2023-03-31 6.39
2023-02-28 6.7
2023-01-31 6.6
2022-12-31 6.63
2022-11-30 6
2022-10-31 6.23
2022-09-30 5.87
2022-08-31 5.98
2022-07-31 5.49
2022-06-30 4.85

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Denmark core inflation rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
core inflation ratedk.coreinflationrate1.31.6-19-74DownDown32024-05-31

Denmark core inflation rate Factors

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Denmark core inflation rate Historical Data

The MacroVar database offers free access to historical data for the Denmark core inflation rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Denmark core inflation rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Denmark core inflation rate

Core inflation rate in Denmark refers to the measure of inflation that excludes certain volatile items, such as food and energy prices, in order to provide a more accurate reflection of underlying inflation trends. This measure is important for policymakers and economists to gauge the overall stability of prices in the economy and to make informed decisions about monetary policy. By focusing on core inflation, analysts can better understand long-term inflation trends and make more effective policy recommendations. In Denmark, the core inflation rate is closely monitored alongside other economic indicators to assess the health of the economy and to ensure that inflation remains at a sustainable level.

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