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Denmark: Prices continue to fall

Mon, Jan 12 2009, 13:11 GMT
by Frank Øland Hansen

Danske Bank A/S


Inflation in Denmark fell from 2.7% to 2.4% in December, in large part due to sharply declining energy prices. Pre-Christmas sales, a rather novel phenomenon, also contributed to the fall, with clothing prices down 1.1% and household goods down 0.2% in December. January will presumably see further price falls, as sales discounts have increased.

Published on  Mon, Jan 12 2009, 13:12 GMT

Danske Bank  | Holmens Kanal 2-12, DK-1092 Copenhagen
http://www.danskebank.com/ | danskeresearch@danskebank.com

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