Monthly inflation rate (CPI) in Denmark 2021-2024, by selected commodity groups

Published by
Einar H. Dyvik,
Feb 16, 2024
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.

Annual change in the monthly Consumer Price Index (CPI) in Denmark from January 2021 to January 2024, by selected commodity groups

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Release date

February 2024

Region

Denmark

Survey time period

January 2021 to January 2024

Supplementary notes

The source adds the following information: "The price indices for April 2020 - June 2021 are more uncertain than usual, as the non-response rate has been larger than normal and some businesses have been shut down. Since July 2021 it has been possible to collect prices from all businesses once again."

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