Denmark’s consumer prices were stable in April, and exports fell in March, data from Statistics Denmark showed on Monday.
The consumer price index remained unchanged in April, after a 0.4 percent increase in February. The latest CPI outcome was the lowest since September 2016.
In April, inflation was influenced by Covid-19, as the lapse of price observations has been significant, the agency said.
The biggest decline was seen in the prices for transport, down 3.4 percent annually in April including a particular fall in gasoline and diesel prices.
The fuel price index is now at its lowest level since April 2009, when the [economy][1] was hit by the financial crisis, the agency added.
Prices for communication decreased 2.6 percent in April and clothing and footwear prices fell 1.5 percent.
On a monthly basis, consumer prices fell 0.1 percent in April.
The EU measure of harmonized index of consumer prices, or HICP, fell 0.1 percent annually in April, after a 0.3 percent increase in the prior month.
On a monthly basis, the HICP decreased 0.1 percent in April.
Separately, the statistical office reported foreign trade data for March.
Exports excluding ships, aircraft, fuel prices fell a seasonally adjusted 5.1 percent year-on-year in March, after a 2.5 percent fall in February.
Imports decreased 4.5 percent annually in March, following a 1.3 percent decline in the preceding month.
The seasonally adjusted trade surplus excluding ships, aircraft, fuel was DKK 9.4 billion in March.
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