Other publications may include books, quarterly reviews, annual reports and economic bulletins from the ECB, PhD theses and Danmarks Nationalbank’s policies.

Commodity Prices and Inflation in Denmark - Part 1

Commodity prices have been fluctuating greatly in recent years. This article explores the knock-on effect from commodity prices to consumer prices in a Danish context. Higher commodity prices inevitably lead to higher consumer prices. It is key that such increases do not trigger a sustained rise in inflation through wage formation. Experience from the past decade indicates that increases in commodity prices have only a temporary impact on inflation.