Denmark inflation eases from over one-year high in February
The uptick came on the back of higher prices for clothing and footwear; transport; leisure and culture. On the other hand, prices for furnishings and household services fell in the month.
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%. ■