Denmark’s annual inflation rate decelerated to 0.8% in January 2026 from 1.9% in December. This marked the lowest level since April 2024, largely due to lower prices for housing and utilities (-1.3% vs 1.2% in December) and transportation (-0.2% vs 1.3%), as well as slower price growth in restaurants and hotels (1.4% vs 3.3%), information and communication (3.5% vs 4%), and miscellaneous goods and services (2.4% vs 3.3%). Conversely, inflation rose slightly for food and non-alcoholic beverages (3.8% vs 3.6%) and recreation and culture (1.9% vs 1.8%). On a monthly basis, consumer prices decreased by 0.6%, following a 0.4% fall in the prior month. Core inflation, which excludes energy and unprocessed food, eased to 1.9% in January, the lowest in seven months, from 2.3% in each of the previous three months.
