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Denmark: Inflation plummets
Mon, Nov 10 2008, 14:11 GMT
by Frank Øland Hansen
Danske Bank A/S
As expected, the inflation rate dropped to 3.7% in October from 4.2% in September (see Kraftigste infla-tionsfald siden 1990. Especially energy and food prices have fallen, with food prices down 0.3% on the month and transport prices down 2.3%. Moreover, the sharp rise in prices exactly a year ago helps to pull inflation down now.
Published on
Mon, Nov 10 2008, 14:13 GMT
Danske Bank
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