Denmark Sept. Consumer Price Inflation Slows

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Monday, the Statistics Denmark announced that the consumer price index or CPI rose 0.8% year-on-year in September, slower than the 1.1% growth in the previous month.

Food and non-alcoholic beverages prices dropped 1.4% on an annual basis in September, while clothing and footwear prices climbed 1.3%. At the same time, transport charges were down 2.9%.

On a monthly basis, the CPI increased 0.2% in September, after rising 0.3% in August.

Meanwhile, the harmonized index of consumer prices or HICP rose 0.5% in September, slowing from 0.7% increase in the previous month. Month-on-month, the HICP was up 0.2%.

Monday, the Statistics Denmark announced that the consumer price index or CPI rose 0.8% year-on-year in September, slower than the 1.1% growth in the previous month. (Market News Provided by RTTNews)