Harmonized Index of Consumer Prices: Energy for Denmark
ENRGY0DKM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.30
Year-over-Year Change
-2.34%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Energy for Denmark measures the changes in energy prices paid by Danish consumers. This key indicator is closely watched by economists and policymakers to assess inflationary pressures and household purchasing power.
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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation across the European Union. The Energy component tracks changes in prices for electricity, gas, motor fuels, and other energy goods and services purchased by Danish households.
Methodology
The data is collected through a monthly survey of consumer prices by Statistics Denmark.
Historical Context
The HICP Energy index is used by the European Central Bank and Danish government to guide monetary and fiscal policies.
Key Facts
- Denmark's HICP Energy index has a base year of 2015.
- Energy accounts for about 10% of the total Danish consumer price basket.
- Prices for motor fuels make up the largest component of the HICP Energy index.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Energy for Denmark tracks changes in the prices of energy goods and services purchased by Danish households.
Q: Why is this trend relevant for users or analysts?
A: The HICP Energy index is a key indicator of inflationary pressures and household purchasing power in Denmark, closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through a monthly consumer price survey conducted by Statistics Denmark.
Q: How is this trend used in economic policy?
A: The HICP Energy index is used by the European Central Bank and Danish government to guide monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP Energy data for Denmark is published monthly with a typical 2-week lag.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Energy for Denmark (ENRGY0DKM086NEST), retrieved from FRED.