logo
Plus   Neg
Share
Email

Denmark Inflation Accelerates In October

Denmark's consumer price inflation accelerated in October, led by higher air fares and transport costs, preliminary data from Statistics Denmark showed on Monday.

The consumer price index rose 0.8 percent year-on-year following 0.6 percent increase in September.

Transport costs climbed 3.1 percent from a year ago, mainly due higher prices for petrol and diesel. In contrast, communication costs dropped 1.7 percent due to lower mobile charges.

On a month-on-month basis, the CPI rose 0.3 percent in October. Clothes and furniture components registered the biggest gains of 1.1 percent each.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT