FX.co ★ Danish Inflation Rate Slows in March

The annual inflation rate in Denmark decelerated to 1.5% in March 2025, down from a nine-month peak of 2% in the previous month. This reduction predominantly stemmed from a moderation in the price increases of food and non-alcoholic beverages, which slowed to 5% from 5.7% in February. Similarly, housing and utilities saw a price rise easing to 2.1% from 2.7%, and health costs increased by 1.3% compared to the previous 1.8%. Additionally, there was a decline in the costs associated with clothing and footwear, which dropped by 1.1% from a previous rise of 0.8%, along with a reduction in recreational and cultural expenses, decreasing by 1% down from 1.1%. Conversely, inflation rates rose for alcoholic beverages, climbing to 1.5% from 1.2%, as well as for restaurants and hotels, which increased to 1.8% from 1.1%. Miscellaneous goods and services also saw an uptick, going up to 2.3% from 2%. Meanwhile, core inflation, which does not account for energy and unprocessed food, relaxed to 1.6% from a thirteen-month high of 1.8% reported in February. On a monthly basis, consumer prices fell by 0.5% in March, reversing a previous increase of 1% in the preceding period.