Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Denmark
Index 2015=100
DNKCPHP0700IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.90
Year-over-Year Change
-0.25%
Date Range
1/1/1996 - 3/1/2025
Summary
The Index 2015=100 measures the price level of goods and services in Copenhagen, Denmark relative to the year 2015. This key indicator helps economists and policymakers understand trends in the cost of living 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 Index 2015=100 tracks changes in the prices of a representative basket of consumer goods and services in Copenhagen over time. It is a widely-used benchmark for assessing the overall rate of inflation and changes in the standard of living in the Danish capital.
Methodology
The data is collected through surveys of retail prices and aggregated by Statistics Denmark.
Historical Context
Policymakers at the Central Bank of Denmark and other institutions monitor this index to inform decisions on monetary policy and economic interventions.
Key Facts
- Base year is 2015 with an index value of 100.
- Tracks a representative basket of consumer goods and services.
- Used to measure changes in the cost of living in Copenhagen.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures the price level of goods and services in Copenhagen, Denmark relative to the year 2015.
Q: Why is this trend relevant for users or analysts?
A: This key indicator helps economists and policymakers understand trends in the cost of living and consumer purchasing power in the Danish capital.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices and aggregated by Statistics Denmark.
Q: How is this trend used in economic policy?
A: Policymakers at the Central Bank of Denmark and other institutions monitor this index to inform decisions on monetary policy and economic interventions.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical 2-3 week release lag.
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Citation
U.S. Federal Reserve, Index 2015=100 (DNKCPHP0700IXOBM), retrieved from FRED.