Denmark’s annual inflation rate eased to 0.7% in February 2026 from 0.8% in January, reaching its lowest level since April 2024. The deceleration was driven primarily by slower price increases for food and non-alcoholic beverages (2.6% vs 3.8% in January), restaurants and hotels (1.3% vs 1.4%), and information and communication (3.1% vs 3.5%). Housing and utility costs continued to decline, though at a slightly reduced pace (-0.9% vs -1.3%), while transportation costs fell more sharply (-0.8% vs -0.2%).
In contrast, inflation accelerated in categories such as leisure, sports, and culture (3.3% vs 1.9%), as well as personal care and miscellaneous goods and services (2.6% vs 2.4%). On a monthly basis, consumer prices rose 1.0%, rebounding from a 0.6% decrease in the previous month. Core inflation, which excludes energy and unprocessed food, edged down to 1.8% in February—the lowest rate since May 2025—from 1.9% in January.