FX.co ★ Denmark's HICP Sees a Decrease to 0.6% in February 2024

In Denmark, the Harmonised Index of Consumer Prices (HICP) experienced a decline to 0.6% in February 2024, down from the previous indicator of 0.9% in January 2024. This data was recently updated on 11th March 2024. The comparison is made on a Year-over-Year basis, indicating a change in the consumer price index for the same month compared to a year earlier. Despite the slight decrease, this figure provides insights into the country's inflation rate and consumer purchasing power. Denmark's economic stakeholders and policymakers may use this information to make informed decisions regarding fiscal and monetary policies.