Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Denmark
DNKCP040500IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.60
Year-over-Year Change
-0.80%
Date Range
1/1/1967 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Denmark measures changes in the cost of these essential household utilities over time.
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
This CPI subindex tracks the prices paid by Danish consumers for electricity, natural gas, and other home energy sources. It is a key indicator of inflationary pressures and consumer purchasing power.
Methodology
The data is collected through regular surveys of prices paid by Danish households.
Historical Context
Policymakers and economists monitor this index to assess the impact of energy costs on the broader consumer price landscape.
Key Facts
- Electricity and natural gas make up over 50% of Danish household energy expenditures.
- Denmark has some of the highest residential energy prices in Europe.
- Energy costs account for approximately 4% of the total Danish Consumer Price Index.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices Danish consumers pay for electricity, natural gas, and other home energy sources.
Q: Why is this trend relevant for users or analysts?
A: Energy costs are a major component of household budgets, so this index provides insight into inflationary pressures and consumer purchasing power.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys of Danish households.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this index to assess the impact of energy costs on the broader consumer price landscape and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insights into Danish energy price trends.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Denmark (DNKCP040500IXOBM), retrieved from FRED.