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Economic Calendar Terms

CPI y/y

Statistics Denmark
Sejrøgade 11 - 2100
København Ø
045–3917–3917

The purpose of the consumer price index is to measure the development of the prices charged to consumers for goods and services bought by private households in Denmark. The consumer price index is used as a measurement of inflation and is a key economic figure, which is used by a large number of public and private companies and interested members of the general public in connection with monitoring economic developments. Furthermore, the index is used for regulating (indexation) contracts, pensions, wages and salaries, rents, etc. The index weights for the detailed indices (elementary aggregate indices) are calculated on the basis of data from the national accounts on final consumption expenditure of households in Denmark, supplemented by detailed information from the Household Budget Survey.