FX.co ★ Denmark's CPI Drops to 0.8% in February 2024

Denmark's Consumer Price Index (CPI) for the month of February 2024 has been reported at 0.8%, showing a decrease from the previous month. In January 2024, the CPI stood at 1.2%, indicating a slight decline in consumer prices as of the latest data released on 11th March 2024.

The CPI is a key indicator of inflation that measures the average change over time in the prices paid by consumers for a basket of goods and services. This Year-over-Year comparison reflects the change in consumer prices for February 2024 compared to the same month a year ago.

The latest data suggests a downward trend in consumer prices in Denmark, which could have implications for economic policies and consumer spending in the coming months. Analysts will be closely monitoring CPI figures to assess the impact on the overall economy and the cost of living for Danish citizens.