Lower price increases in February
Af Uffe Hansen
10-03-2010
09:57
The price increases are now lower than before but still higher than expected.
The inflation in February was reduced to annually 1.9 per cent after 2.0 per cent in January. According to Bloomberg the economists had expected an inflation of 1.7 per cent.
This development is mainly due to price increases of 5.3 per cent for alcohol and tobacco. According to data from Statistics Denmark the prices for education have increased by 4 per cent, driven by higher prices for private schools.
On the other hand, prices for foods and drinks without alcohol are now 2.1 per cent lower than a year ago due to lower prices for meat, vegetables and milk.
The prices for clothing and housing have also increased. Clothing increased by annually 4.3 per cent because the sales season has ended, and the housing expenses rose by 2.5 per cent.
The inflation in February was reduced to annually 1.9 per cent after 2.0 per cent in January. According to Bloomberg the economists had expected an inflation of 1.7 per cent.
This development is mainly due to price increases of 5.3 per cent for alcohol and tobacco. According to data from Statistics Denmark the prices for education have increased by 4 per cent, driven by higher prices for private schools.
On the other hand, prices for foods and drinks without alcohol are now 2.1 per cent lower than a year ago due to lower prices for meat, vegetables and milk.
The prices for clothing and housing have also increased. Clothing increased by annually 4.3 per cent because the sales season has ended, and the housing expenses rose by 2.5 per cent.
*****||*****Lower price increases in February*****||*****The price increases are now lower than before but still higher than expected.
The inflation in February was reduced to annually 1.9 per cent after 2.0 per cent in January. According to Bloomberg the economists had expected an inflation of 1.7 per cent.
This development is mainly due to price increases of 5.3 per cent for alcohol and tobacco. According to data from Statistics Denmark the prices for education have increased by 4 per cent, driven by higher prices for private schools.*****||*****
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