Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Denmark
Index 2015=100, Quarterly
DNKCP050000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.37
Year-over-Year Change
4.73%
Date Range
1/1/2000 - 1/1/2025
Summary
The Index 2015=100, Quarterly series measures the quarterly change in consumer prices in Denmark, a key indicator of inflation and economic conditions.
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 index tracks changes in the overall price level of consumer goods and services in Denmark, with 2015 as the base year. It is a widely used measure of inflation that informs economic policy and investment decisions.
Methodology
The data is collected through a nationwide survey of consumer prices and calculated by Statistics Denmark.
Historical Context
The Index 2015=100, Quarterly is closely monitored by the Danish central bank and other policymakers to assess the state of the economy.
Key Facts
- The index is set to 100 in 2015.
- Denmark has a low and stable inflation rate compared to other European countries.
- The index is released quarterly by Statistics Denmark.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the quarterly change in consumer prices in Denmark, providing a gauge of inflation in the country.
Q: Why is this trend relevant for users or analysts?
A: This index is a critical indicator of economic conditions and is closely watched by policymakers, businesses, and investors to assess the state of the Danish economy.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices and calculated by Statistics Denmark.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Quarterly is used by the Danish central bank and other policymakers to monitor inflation and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The index is released quarterly by Statistics Denmark, with a typical delay of a few weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (DNKCP050000IXOBQ), retrieved from FRED.