Denmark - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Denmark was 112.86 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 112.86 in 2021 and a minimum value of 8.25 in 1960.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 8.25
1961 8.53
1962 9.16
1963 9.72
1964 10.02
1965 10.57
1966 11.31
1967 12.24
1968 13.22
1969 13.68
1970 14.57
1971 15.43
1972 16.44
1973 17.97
1974 20.72
1975 22.70
1976 24.75
1977 27.45
1978 30.26
1979 33.17
1980 37.25
1981 41.63
1982 45.84
1983 49.01
1984 52.09
1985 54.53
1986 56.54
1987 58.81
1988 61.48
1989 64.41
1990 66.11
1991 67.70
1992 69.11
1993 69.98
1994 71.38
1995 72.87
1996 74.42
1997 76.04
1998 77.44
1999 79.38
2000 81.68
2001 83.59
2002 85.62
2003 87.39
2004 88.40
2005 90.01
2006 91.74
2007 93.30
2008 96.48
2009 97.74
2010 100.00
2011 102.76
2012 105.22
2013 106.05
2014 106.65
2015 107.13
2016 107.40
2017 108.63
2018 109.52
2019 110.35
2020 110.81
2021 112.86

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices