Danish deflation for the first time in 60 years – Swedish newspaper Svenska Dagbladet

Danish deflation for the first time in 60 years – Swedish newspaper Svenska Dagbladet

Compared with the same month of last year, prices fell 0.1 percent.

It informs Statistics Denmark, who also notes that it is the first time since 1954 as prices fall in a year’s time.

– Although negative Inflation immediately sounds ominous, it is worth emphasizing that in the current situation is a good news for the Danish economy. As long as the lower inflation due to falling engergipriser and lower fees helps to support the purchasing power of Danish households, says Størup Nielsen, senior analyst at Nordea, the newspaper Stock Exchange.

According to Bloomberg News forecast survey was expected CPI to have fallen 0.6 percent from the previous month, and decreased by 0.1 percent compared with the same month in 2013.

In December fell CPI by 0.2 percent compared to the previous month and rose by 0.3 percent compared with the same month last year.