Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Denmark
Seasonally Adjusted
DNKPREND401IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.96
Year-over-Year Change
9.83%
Date Range
1/1/2000 - 3/1/2024
Summary
The Seasonally Adjusted indicator tracks changes in Denmark's consumer price index, a key measure of inflation. It is a vital economic metric used by policymakers, analysts, and businesses to monitor price stability and cost-of-living trends.
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 Seasonally Adjusted series adjusts Denmark's consumer price index for typical seasonal variations, providing a clearer view of underlying price trends. This data is widely referenced to assess the country's macroeconomic conditions and guide monetary and fiscal policy decisions.
Methodology
The data is collected and calculated by Statistics Denmark, the national statistical institute.
Historical Context
Policymakers and market participants closely follow this indicator to anticipate the direction of Denmark's inflation rate and interest rate changes.
Key Facts
- Denmark's consumer price index is a leading indicator of inflation.
- Seasonal adjustment removes regular patterns in the data, revealing underlying trends.
- The Seasonally Adjusted series is a key input for Denmark's central bank policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted indicator tracks changes in Denmark's consumer price index, a key measure of inflation in the economy.
Q: Why is this trend relevant for users or analysts?
A: This data is widely referenced to assess Denmark's macroeconomic conditions and guide monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Denmark, the national statistical institute.
Q: How is this trend used in economic policy?
A: Policymakers and market participants closely follow this indicator to anticipate the direction of Denmark's inflation rate and interest rate changes.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted series is published regularly by Statistics Denmark with minimal delays.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (DNKPREND401IXOBSAM), retrieved from FRED.