Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Denmark
Quarterly
DNKCP100000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.20
Year-over-Year Change
13.07%
Date Range
1/1/2000 - 1/1/2025
Summary
The Quarterly trend measures the quarterly index of nominal personal consumption expenditures (PCE) for Denmark. This provides important insights into consumer spending and the state of the Danish economy.
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 Quarterly index of nominal PCE tracks changes in the total value of consumer spending in Denmark on a quarterly basis. It is a key indicator for economists and policymakers to understand household consumption patterns and the overall pace of economic growth.
Methodology
The data is collected and calculated by Statistics Denmark based on household surveys and national accounts.
Historical Context
The Quarterly PCE index is widely used by the Danish government, central bank, and private analysts to inform economic policy and investment decisions.
Key Facts
- Denmark's Quarterly PCE index has a base year of 2015.
- The index reached a record high of 111.1 in Q4 2022.
- Consumer spending accounts for over 50% of Denmark's GDP.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the quarterly index of nominal personal consumption expenditures (PCE) for Denmark, providing insights into consumer spending patterns.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly PCE index is a key indicator for understanding household consumption and the overall pace of economic growth in Denmark, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Denmark based on household surveys and national accounts.
Q: How is this trend used in economic policy?
A: The Quarterly PCE index is widely used by the Danish government, central bank, and private analysts to inform economic policy and investment decisions.
Q: Are there update delays or limitations?
A: The Quarterly PCE index is published on a timely basis by Statistics Denmark, with the latest data typically available within a few months of the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly (DNKCP100000IXOBQ), retrieved from FRED.