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Denmark Inflation at 38-Year High.

London, Tuesday, 10 May 2022

Due to rising energy and food prices, annual inflation in Denmark reached its highest level since 1984 in April, reaching 6.7 percent.

According to the Danish National Institute of Statistics, the figure was 5.4 percent in March.

The figure was helped by a 9.8% increase in housing and utility prices, 7.1 percent in food and non-alcoholic beverages, 10.9 percent in transportation, and 7.6% in restaurants and hotels.

Consumer prices increased by 1.6 percent in April, the largest monthly increase on record, following a 0.6 percent increase in March.

(Reporting by: The Decision Maker)


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