Thursday, October 24, 2024
HomeNewsDanish EconomyInflation reached 8,9% in August

Inflation reached 8,9% in August

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Life in Denmark got more expensive compared to last year. Unfortunately, the wage increases do not keep up with the price increases and for many people this means a worse personal economy. Use the calculator at the end of this article to see how much your salary should increase to keep up with the inflation.

  • Denmark is still okay in terms of inflation compared to other EU states. The Baltic states (Estonia, Latvia, Lithuania) experience inflation over 20%. The other Eastern European states experience inflation over 13%. Only France has a better situation with inflation (6,8%). 
Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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