FOREX TradingCharts.com

Financial News: Denmark Inflation Highest Since February 1983

Denmark Inflation Highest Since February 1983

08/10/2022 - 10:45:00 (RTTNews)

(RTTNews) - Denmark's consumer price inflation rose to the strongest level since early 1983, largely driven by higher food, fuel and utility costs, data from Statistics Denmark showed on Wednesday.

Consumer price inflation accelerated to 8.7 percent in July from 8.2 percent in June.

The latest inflation was the highest since February 1983, when it had risen the same 8.7 percent, the statistical office said.

Excluding energy and fresh food, core inflation rose to 5.5 percent in July from 4.8 percent in the previous month. This was the highest since February 1988.

Prices for food and non-alcoholic beverages alone grew 14.6 percent annually in July, and transport costs surged 13.4 percent.

Utility costs were 9.3 percent more expensive compared to last year, and charges for restaurants and hotels rose 9.6 percent.

Prices for goods logged an annual price growth of 13.2 percent, which was the highest rate of increase since February 1982.

On a monthly basis, consumer prices gained 1.1 percent in July.

The EU measure of harmonized index of consumer prices grew 9.6 percent in July, following a 9.1 percent rise in the prior month.

On a monthly basis, the HICP moved up 1.2 percent at the start of the third quarter.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Turkish Manufacturing Capacity Utilization Rises In September (44 min(s), 51 sec(s) ago)
(RTTNews) - Turkey's manufacturing capacity utilization rate improved in September, after fall ...Full Story»

Czech Economic Sentiment At 18-Month Low (01 hr(s), 33 min(s), 51 sec(s) ago)
(RTTNews) - The Czech economic confidence worsened further to reach its lowest level in one-and-a- ...Full Story»

Singapore Industrial Production Grows Unexpectedly (03 hr(s), 17 min(s), 51 sec(s) ago)
(RTTNews) - Singapore's industrial production increased unexpectedly in August, preliminary da ...Full Story»

European Economics Preview: Germany Ifo Business Confidence Data Due (05 hr(s), 06 min(s), 51 sec(s) ago)
(RTTNews) - Business confidence survey data from Germany is due on Monday, headlining a light day ...Full Story»

Japan Manufacturing Sector Ebbs In September - Jibun (46 min(s), 09 sec(s) ago)
(RTTNews) - The manufacturing sector in Japan continued to expand in September, albeit at a slower ...Full Story»

Japan Manufacturing PMI On Tap For Monday (06 min(s), 09 sec(s) ago)
(RTTNews) - Japan will on Monday see September results for its manufacturing, services and composi ...Full Story»

UK Private Sector Shrinks Most Since Early 2021 (24 min(s), 09 sec(s) ago)
(RTTNews) - The UK private sector shrank at the fastest pace since early 2021 on the negative impa ...Full Story»

Ireland Wholesale Price Inflation Eases In August (49 min(s), 09 sec(s) ago)
(RTTNews) - Ireland's wholesale price inflation eased in August after remaining stable in the ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Turkish Manufacturing Capacity Utilization Rises In September

09/26/2022 - 05:09 AM (RTTNews)
(RTTNews) - Turkey's manufacturing capacity utilization rate improved in September, after fall ...Full Story>>

Czech Economic Sentiment At 18-Month Low

09/26/2022 - 04:20 AM (RTTNews)
(RTTNews) - The Czech economic confidence worsened further to reach its lowest level in one-and-a- ...Full Story>>

Singapore Industrial Production Grows Unexpectedly

09/26/2022 - 02:36 AM (RTTNews)
(RTTNews) - Singapore's industrial production increased unexpectedly in August, preliminary da ...Full Story>>

European Economics Preview: Germany Ifo Business Confidence Data Due

09/26/2022 - 00:47 AM (RTTNews)
(RTTNews) - Business confidence survey data from Germany is due on Monday, headlining a light day ...Full Story>>

Japan Manufacturing Sector Ebbs In September - Jibun

09/25/2022 - 20:40 PM (RTTNews)
(RTTNews) - The manufacturing sector in Japan continued to expand in September, albeit at a slower ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.