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Inflation in Denmark · September 2026

Prices are 2.2% higher than a year ago.

Up from 2.0% in August 2026. Leaving out energy and fresh food, prices rose 1.9%.

Close to the 2% target

Statistics Denmark · updated 4 November 2026

Next figures: 10 Nov 2026 at 08:00

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Official inflation
2.2%

Sep 2026 · +0.2 pp vs. last month

Core inflation
1.9%

Sep 2026 · −0.3 pp vs. last month

Ex. energy & fresh food

EU-harmonised
2.1%

Sep 2026 · +0.1 pp vs. last month

Eurostat, HICP

Euro area
4.0%

Oct 2026 · +0.2 pp vs. last month

Eurostat, HICP

  • Official CPI
  • Core CPI
  • ECB 2% target
0%2.5%5%7.5%10%20222023202420252026Official CPI2.2%Core CPI1.9%

A lower positive rate means prices are rising more slowly. A negative rate means prices are below a year earlier.

What changed in September 2026

Annual rates, last month in grey. Arrows are green when a rate moves towards the 2% target and red when it moves away. Within 1 percentage point of the target they stay neutral.

  • Official CPI2.0%2.2%
  • Official Danish core CPI2.2%1.9%
  • EU-harmonised (HICP)2.0%2.1%
  • Euro area (HICP)Oct 20263.8%4.0%

Biggest annual rises

Everyday items, change on a year ago. Last month in grey.

  • Diesel+31.4%+43.5%
  • Petrol+17.3%+28.1%
  • Eggs+15.7%+10.3%

Biggest annual falls

Everyday items, change on a year ago. Last month in grey.

  • Butter−16.5%−12.3%
  • Cheese−11.5%−12.0%
  • Electricity−17.9%−10.2%
What it means for you

The prices you notice.

Groceries, energy, your home, your pay and your savings: the published figures behind everyday decisions.

Your household's inflation

Statistics Denmark calculates inflation separately for 20 types of household, because they spend their money differently. Pick the one closest to yours.

All households · Aug 2026

2.0%

Close to the 2% target

Official inflation for all households. Choose a household to compare.

  • Official CPI
0%2.5%5%7.5%10%201620182020202220242026

Statistics Denmark, PRIS03. Change on the same month a year earlier.

Groceries

−2.1%

Cheaper than a year ago.

Sep 2026 · Food & soft drinks, CPI

Electricity

1.77 kr

Per kWh. Down from 2.47 kr in H2 2025.

H1 2026 · incl. taxes and VAT

Petrol

+28.1%

More expensive than a year ago.

Sep 2026 · CPI

Rent

+2.5%

Average rent compared with a year ago.

Q3 2026 · Rent index

Buying a home

+8.5%

Houses

+16.1%

Flats

Houses and flats sold, compared with a year ago.

Q2 2026 · Property sales

New mortgage

4.9%

Fixed

3.5%

Variable

Average rate on new home loans: fixed for over 10 years, or variable.

Sep 2026 · incl. admin. fee

Your pay

+3.2%

Average earnings: +1.3 pp compared with prices (1.9% in Jun 2026).

Q2 2026 · Earnings index

State pension

16,432 kr

A month, single with full supplement: +4.7% on a year, while prices rose 1.9%.

Jun 2026 · Average payment

Savings vs. loans

0.5%

Savings

4.2%

Loans

Average bank rates for households. Savings minus prices: −1.4 pp (1.9% in Jun 2026).

Q2 2026 · Bank rates

  • Cheaper than a year ago, or income ahead of prices
  • Not clearly outpacing prices, or neither good nor bad
  • Rising over 1 percentage point faster than prices, or income behind prices

Why does everything still feel expensive?

Lower inflation means prices are rising more slowly, not that they are falling. Price rises add up: the same basket of goods and services costs 17.4% more than in September 2021.

Statistics Denmark's CPI index: 102.6 in Sep 2026.

  • Than a year ago · Sep 2025+2.2%

    Index 100.4 then, 102.6 now

  • Than 3 years ago · Sep 2023+5.8%

    Index 97.0 then, 102.6 now

  • Than 5 years ago · Sep 2021+17.4%

    Index 87.4 then, 102.6 now

  • Than 10 years ago · Sep 2016+24.0%

    Index 82.8 then, 102.6 now

Then and now

What would something that cost a given amount back then cost today, if its price had followed the CPI?

Costs in Sep 2026

124 kr

Statistics Denmark's CPI index: 82.8 in Sep 2016, 102.6 in Sep 2026 (24.0% higher).