Tuesday, July 16, 2024
HomeNewsDanish Economy0.1% inflation in October

0.1% inflation in October

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We are getting closer to a deflation (a negative inflation) when the prices will actually start going down. When the inflation is at 0% it means that the prices are not increasing, nor decreasing. Compared to October last year, gas prices dropped 55%, electricity prices dropped 48% and diesel 14.5%, while airplane tickets increased by 22.7%, holiday rentals by 26.6%, olive oil by 29.9% and sugar by 50%. 

Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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