Consumer Price Index: Services Less Housing for Denmark
Monthly
DNKCPISXHMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.08
Year-over-Year Change
1.64%
Date Range
1/1/1967 - 5/1/2018
Summary
This trend measures the monthly consumer price index (CPI) for Denmark, a key indicator of inflation and cost of living.
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 Denmark CPI Monthly Index tracks changes in the prices of a representative basket of consumer goods and services. It is a widely followed economic indicator used to assess the health of the Danish economy and guide monetary policy decisions.
Methodology
The index is calculated by Statistics Denmark based on a survey of consumer prices.
Historical Context
Policymakers and analysts use the Denmark CPI to monitor inflationary pressures and consumer purchasing power.
Key Facts
- Denmark has a population of over 5.8 million.
- The CPI is calculated based on over 1,000 individual goods and services.
- CPI data is released on a monthly basis by Statistics Denmark.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly consumer price index (CPI) for Denmark, a key indicator of inflation and cost of living.
Q: Why is this trend relevant for users or analysts?
A: The Denmark CPI is a widely followed economic indicator used to assess the health of the Danish economy and guide monetary policy decisions.
Q: How is this data collected or calculated?
A: The index is calculated by Statistics Denmark based on a survey of consumer prices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Denmark CPI to monitor inflationary pressures and consumer purchasing power.
Q: Are there update delays or limitations?
A: CPI data is released on a monthly basis by Statistics Denmark.
Related Trends
Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Denmark
DNKCPHP0400IXEBM
Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for Denmark
LREMTTFEDKA156S
Production: Manufacturing: Total Manufacturing for Denmark
DNKPRMNTO01IXNBM
Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Denmark
LFEM25TTDKA647N
Deposit Money Bank Assets to GDP for Denmark
DDDI02DKA156NWDB
Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for Denmark
IRSTCB01DKM156N
Citation
U.S. Federal Reserve, Denmark CPI Monthly Index (DNKCPISXHMINMEI), retrieved from FRED.