Denmark's consumer price inflation increased further in May to the highest level in five months, data from Statistics Denmark showed on Wednesday.
The consumer price index rose 1.9 percent year-over-year in May, faster than the 1.4 percent increase in April.
The higher inflation in May was mainly driven by restaurants and hotels, where charges were 4.9 percent more expensive. The annual price growth in transportation quickened to 5.3 percent from 3.3 percent, and housing and utility costs rose 0.4 percent. Meanwhile, prices for food and non-alcoholic beverages dropped 0.3 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.