Denmark's January inflation rate falls to a 21-month low
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⑴ Denmark's annual inflation rate fell to 0.8% in January 2026, down from the previous value of 1.9%. ⑵ This is the lowest level since April 2024, mainly due to declines in housing and utilities prices (-1.3%, previous +1.2%) and transportation prices (-0.2%, previous +1.3%). ⑶ Meanwhile, the price growth of restaurants and hotels (1.4%, previous 3.3%), information and communication (3.5%, previous 4%), and other miscellaneous goods and services (2.4%, previous 3.3%) also slowed down. ⑷ On the other hand, inflation for food and non-alcoholic beverages edged up to 3.8%, from the previous 3.6%; inflation for recreation and culture slightly increased to 1.9%, from 1.8%. ⑸ On a month-on-month basis, consumer prices fell by 0.6% in January, after declining by 0.4% for two consecutive months. ⑹ Excluding energy and unprocessed food, the core inflation rate dropped to 1.9% in January, the lowest in seven months, after holding steady at 2.3% for the previous three months.
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