Denmark's consumer prices rose 2.2 percent year-on-year in October, the same as in the prior month, which was the highest inflation since September 2025. However, core inflation that excludes prices of energy and unprocessed food softened to 1.7 percent from 1.9 percent a month ago. Transport charges largely drove the overall inflation, surging 7.4 percent due to rising energy prices.
Underlying price pressures in the Danish economy remain subdued. But economists warn that rising energy prices could well breathe new life into inflation over the winter.