Denmark | Consumer price index (2010 = 100)

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. 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.
Publisher
The World Bank
Origin
Kingdom of Denmark
Records
63
Source
Denmark | Consumer price index (2010 = 100)
8.2457021 1960
8.53031311 1961
9.15966422 1962
9.71886473 1963
10.01944818 1964
10.5655081 1965
11.31195699 1966
12.24042585 1967
13.22029729 1968
13.68141059 1969
14.57273279 1970
15.4281332 1971
16.44058298 1972
17.97011338 1973
20.71508526 1974
22.70489599 1975
24.75067315 1976
27.45400054 1977
30.25805732 1978
33.16617445 1979
37.2473797 1980
41.63042318 1981
45.84376574 1982
49.01075797 1983
52.09391661 1984
54.53126149 1985
56.53702169 1986
58.80980627 1987
61.4769092 1988
64.41103205 1989
66.11251585 1990
67.69601196 1991
69.11495045 1992
69.98431747 1993
71.37841532 1994
72.86566199 1995
74.41500312 1996
76.0388626 1997
77.4422748 1998
79.37662441 1999
81.68115168 2000
83.59075083 2001
85.61735559 2002
87.39398268 2003
88.40282118 2004
90.00982055 2005
91.74180877 2006
93.2952415 2007
96.48245692 2008
97.7412731 2009
100 2010
102.75868226 2011
105.22274797 2012
106.05303098 2013
106.65119186 2014
107.13329167 2015
107.4011249 2016
108.63315775 2017
109.51700741 2018
110.34729042 2019
110.81153468 2020
112.86492277 2021
121.55164717 2022

Denmark | Consumer price index (2010 = 100)

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. 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.
Publisher
The World Bank
Origin
Kingdom of Denmark
Records
63
Source