Denmark inflation eases from over one-year high in FebruaryStaff Writer |
Europe The uptick came on the back of higher prices for clothing
According to Statistics Denmark, consumer prices climbed 0.4% over the prior month in February, up from the 0.2% rise registered in January.
Inflation softened to 1.0% in February from an over one-year high of 1.3% in January. Meanwhile, annual average inflation was stable at January’s 0.9% in February.
FocusEconomics Consensus Forecast panelists expect inflation to average 1.1% in 2019, which is down 0.2 percentage points from last month’s forecast. For 2020, panelists expect inflation to average 1.6%. ■
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