Denmark's inflation eases for third month
2011-09-12 11:33:06
Denmark's inflation slowed for a third consecutive month in August, Statistics Denmark said Monday.
The consumer price index rose 2.6 percent annually in August, after climbing 2.9 percent in July. Inflation has fluctuated between 2.5 percent and 3.1 percent since September 2010, the agency noted.
Month-on-month, prices were flat in August. Prices in food and non-alcoholic beverages, housing, health, transport, communication and recreation groups declined. The biggest increase of 6.5 percent was recorded for clothing and footwear.
The EU measure of harmonized index of consumer prices rose 2.4 percent annually in August, after increasing 3 percent in July. The index declined 0.1 percent from the previous month.