Harmonized Index of Consumer Prices: All-Items HICP for Denmark
CP0000DKM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.90
Year-over-Year Change
1.77%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) All-Items index for Denmark measures the overall price changes for consumer goods and services in the country. It serves as a key indicator of inflation and price stability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The HICP All-Items index for Denmark is a comprehensive measure of consumer inflation, tracking price changes across a broad basket of goods and services. It is a harmonized metric used across the European Union to enable cross-country comparisons.
Methodology
The data is collected through a national survey of consumer prices.
Historical Context
The HICP is closely monitored by the European Central Bank in setting monetary policy.
Key Facts
- Denmark's HICP has averaged 1.4% over the past decade.
- The HICP is a more comprehensive measure than the national CPI.
- The ECB aims to maintain Eurozone inflation below, but close to, 2% over the medium term.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) All-Items index for Denmark measures the overall price changes for consumer goods and services in the country.
Q: Why is this trend relevant for users or analysts?
A: The HICP is a key indicator of inflation and price stability, closely monitored by the European Central Bank in setting monetary policy.
Q: How is this data collected or calculated?
A: The data is collected through a national survey of consumer prices.
Q: How is this trend used in economic policy?
A: The HICP is a harmonized metric used across the European Union to enable cross-country comparisons and inform monetary policy decisions by the ECB.
Q: Are there update delays or limitations?
A: The HICP data for Denmark is published monthly with a relatively short delay.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Denmark
DNKCP060000IXOBQ
Consumer Price Index: Harmonized Prices: Miscellaneous Goods and Services (COICOP 12): Total for Denmark
DNKCPHP1200IXEBM
Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for Denmark
00XEFDDKM086NEST
Harmonized Index of Consumer Prices: Maintenance and Repair of Personal Transport Equipment for Denmark
CP0723DKM086NEST
Balance of Payments: Services: Expenditure for Denmark
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Consumer Price Index: Total Food Excluding Restaurants for Denmark
CPGDFD02DKM657N
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: All-Items HICP for Denmark (CP0000DKM086NEST), retrieved from FRED.