Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Denmark
Index 2015=100, Monthly
DNKCP040300IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.50
Year-over-Year Change
2.73%
Date Range
1/1/1981 - 4/1/2025
Summary
This economic trend measures the price index for consumer goods and services in Denmark, with 2015 as the base year. It is a key indicator of inflation and consumer purchasing power.
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 Danish Consumer Price Index (CPI) tracks changes in the prices paid by consumers for a representative basket of goods and services. It is a widely-used metric for monitoring the cost of living and evaluating the effectiveness of monetary policy.
Methodology
The Danish CPI is calculated monthly by Statistics Denmark based on prices collected from retailers and service providers.
Historical Context
The Danish CPI is closely watched by the country's central bank and government for insight into inflationary pressures and the impact on consumer demand.
Key Facts
- The base year for the Danish CPI is 2015.
- The CPI is calculated monthly by Statistics Denmark.
- The CPI is a key input for monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Danish Consumer Price Index (CPI) measures the changes in the prices paid by consumers for a basket of common goods and services in Denmark.
Q: Why is this trend relevant for users or analysts?
A: The Danish CPI is a crucial indicator of inflation and consumer purchasing power, providing insight into the cost of living and the effectiveness of monetary policy.
Q: How is this data collected or calculated?
A: The Danish CPI is calculated monthly by Statistics Denmark based on prices collected from retailers and service providers.
Q: How is this trend used in economic policy?
A: The Danish CPI is closely monitored by the country's central bank and government to assess inflationary pressures and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The Danish CPI data is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (DNKCP040300IXOBM), retrieved from FRED.