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FX.co ★ Denmark’s CPI Swings to Positive in January, Hitting 0.60%

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typeContent_19130:::2025-02-10T07:00:00

Denmark’s CPI Swings to Positive in January, Hitting 0.60%

In a significant economic turn, Denmark's Consumer Price Index (CPI) climbed back into positive territory, registering at 0.60% for January 2025. This marks a notable recovery from the -0.30% seen just a month prior in December 2024. The latest data was updated on 10 February 2025.

This change indicates a positive shift in Denmark's economic environment, as the CPI is a critical measure of inflation and consumer purchasing power. The previous negative value of -0.30% in December 2024 had underscored potential deflationary concerns, but the rebound to a 0.60% increase suggests an upward trajectory in pricing levels of consumer goods and services for the nation.

Economists and policymakers will be closely watching these developments, as sustained positive CPI growth can influence monetary policy decisions, affect interest rates, and provide insights into the overall health of the Danish economy. This shift is a promising signal for Denmark as it enters the new fiscal year, potentially leading to adjustments in economic forecasts and strategies.

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