FX.co ★ Danish Inflation Accelerates Slightly in May

In May 2025, Denmark observed an uptick in its annual inflation rate to 1.6%, up from 1.5% in each of the two preceding months, marking the highest level since February of the same year. This rise was primarily fueled by a significant 5.2% increase in the prices of food and non-alcoholic beverages, which represents the steepest climb in three months, having been 3.7% in April. Meanwhile, core inflation, which strips out the volatile components such as energy and unprocessed food, slightly decreased to 1.6% from April's 1.7%. On a month-to-month basis, consumer prices saw a 0.1% increase in May, mirroring the rate observed in April.