Monthly inflation rate (CPI) in Denmark 2021-2023, by selected commodity groups
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, reaching respectively 10.9 and 14.5 percent in January 2023. In total, the inflation rate in Denmark that month stood at 8.7 percent in January 2023.
