Prices are rising less than many people think

News - November 2019 -  No. 9

Authors Danmarks Nationalbank
Subject Inflation, wages and prices; Economic activity and employment; household balance sheets; Statistical method
Type News
Year 2019
Published 4 November 2019
Prices of food, clothing, restaurant meals, laundry, rent and other elements of household consumption are rising much less than many Danes think. In other words, the Danes overestimate the rate of inflation – but not as much as people in EU do on average. This appears from a Working Paper prepared by Kim Abildgren, Chief Adviser, and Andreas Kuchler, Senior Economist, from Danmarks Nationalbank.