Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Denmark
DNKCP120000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.42
Year-over-Year Change
13.58%
Date Range
1/1/2001 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Denmark tracks changes in prices for a broad range of consumer items not covered in other CPI categories. This metric is a key indicator of overall inflation in 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 CPI for Miscellaneous Goods and Services in Denmark is a subcomponent of the broader Consumer Price Index (CPI), which measures changes in the prices paid by consumers for a representative basket of goods and services. This specific index focuses on a diverse set of items not captured in other CPI categories, providing important insights into inflationary pressures across the Danish economy.
Methodology
The data is collected through regular household surveys and retail price sampling by Statistics Denmark.
Historical Context
Policymakers and analysts closely monitor the CPI for Miscellaneous Goods and Services as it helps inform monetary policy and economic decision-making.
Key Facts
- The CPI for Miscellaneous Goods and Services accounts for about 13% of the total Danish CPI basket.
- This index has risen by an average of 2.5% annually over the past decade.
- Miscellaneous goods and services include items like personal care products, financial services, and recreational activities.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Denmark tracks changes in prices for a wide range of consumer items not captured in other CPI categories.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into overall inflationary pressures in the Danish economy, beyond just the major consumer spending categories.
Q: How is this data collected or calculated?
A: The data is collected through regular household surveys and retail price sampling by Statistics Denmark.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the CPI for Miscellaneous Goods and Services to help inform monetary policy and broader economic decision-making.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to minor revisions over time.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Denmark (DNKCP120000GYM), retrieved from FRED.