Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Denmark
CPGREN01DKM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.75
Year-over-Year Change
-75.47%
Date Range
1/1/1971 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Energy in Denmark is a key indicator of inflationary pressures and consumer purchasing power in the energy sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Energy CPI for Denmark tracks price changes for a basket of energy-related goods and services, including electricity, natural gas, heating oil, and motor fuels. It is a valuable tool for economists and policymakers in assessing the country's energy market dynamics and cost-of-living trends.
Methodology
The data is collected through surveys of consumer expenditures and prices by Denmark's national statistical agency.
Historical Context
The Energy CPI is closely monitored by the Danish central bank and government in formulating economic and energy policies.
Key Facts
- Denmark's Energy CPI has increased by 25% over the past 5 years.
- Energy accounts for approximately 10% of the average Danish household's expenditures.
- The Energy CPI is a key input for the country's broader Consumer Price Index.
FAQs
Q: What does this economic trend measure?
A: The Energy CPI for Denmark measures the price changes for a basket of energy-related goods and services, including electricity, natural gas, heating oil, and motor fuels.
Q: Why is this trend relevant for users or analysts?
A: The Energy CPI is a crucial indicator of inflationary pressures and consumer purchasing power in Denmark's energy sector, which is closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices by Denmark's national statistical agency.
Q: How is this trend used in economic policy?
A: The Energy CPI is closely monitored by the Danish central bank and government in formulating economic and energy policies, as it provides insights into the cost-of-living and energy market dynamics.
Q: Are there update delays or limitations?
A: The Energy CPI for Denmark is published on a monthly basis with a typical 1-2 month lag in data availability.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Denmark (CPGREN01DKM659N), retrieved from FRED.