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Denmark: Inflation plummets

Mon, Nov 10 2008, 14:11 GMT
by Frank Øland Hansen

Danske Bank A/S  |  View company's profile


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.



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