Danish Inflation Rate Falls as Chocolate, Cheese Prices Decline
Denmark’s inflation rate was lower than expected in April, dragged down by lower prices for chocolate, cheese and ice cream.
The consumer price index rose 1% from the same month a year earlier, Statistics Denmark said in a statement on Friday. That missed the average estimate of 1.1% in a survey of four economists and was down from an annual rate of 1.2% in March.
Prices rose 0.3% in April from March, the statistics office said. Economists had expected a monthly increase of 0.4%.
©2019 Bloomberg L.P.