Denmark's consumer price inflation softened in March after rising in the previous month, data from Statistics Denmark showed on Thursday.
The consumer price index rose 1.5 percent year-over-year in March, slower than the 2.0 percent increase in February.
The lower inflation in March compared to February was mainly due to the significant decrease in the price of electricity, the agency said.
Inflation based on food and non-alcoholic beverages moderated to 5.0 percent from 5.7 percent. Meanwhile, clothing and footwear prices were 1.1 percent less expensive.
Core inflation, which excludes energy and unprocessed food, also eased to 1.6 percent from 1.8 percent.
On a monthly basis, consumer prices dropped 0.5 percent, reversing a 1.0 percent increase a month ago.
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April 11, 2025 14:54 ET Some key economic data were released during the week though the focus remained on the escalation of the global tariff war. Inflation data and minutes of the latest Fed policy session were the main news out of the U.S. In Europe, trade data from Germany was among the key reports released. In Asia, consumer price data from China gained attention, while India’s central bank was in focus as it announced the latest interest rate decision.