Denmark's consumer price inflation increased further in July to the highest level in nearly two years, data from Statistics Denmark showed on Monday.
The consumer price index climbed 2.3 percent year-over-year in July, following a 1.9 percent rise in June.
Further, this was the highest inflation since August 2023, when prices rose 2.4 percent.
The annual price growth in food and non-alcoholic beverages accelerated to 6.5 percent from 5.2 percent. Inflation based on housing and utilities quickened to 2.4 percent from 1.8 percent. Clothing and footwear prices rebounded 0.1 percent, while transport costs were 1.1 percent less expensive.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.