Denmark's real GDP growth slowed to 4.57% year-on-year in the second quarter of 2026, from 6.10% in the previous quarter. The reading is down from the all-time high of 10.31% in the second quarter of 2021 but remains above the year-ago level of 2.96% and far above the all-time low of -6.08% in the second quarter of 2020, according to the International Monetary Fund.

Denmark Real GDP Growth Slows to 4.57% in Q2

Denmark's consumer price inflation rose to 2.05% in August 2026 from 1.73% in July, the highest since November 2025. The rate accelerated from a recent low of 0.72% in February 2026. Producer prices fell 1.4% month-on-month in July, according to the International Monetary Fund.

Denmark Inflation Rate Accelerates to 2.05%

Denmark's policy benchmark interest rate held at 1.85% in August 2026, unchanged from July 2026. The rate has been at 1.85% since June 2026, when it rose from 1.60%, a level that had held for the prior ten months. The all-time high was 15% in November 1992 and the all-time low was -0.75% in February 2020, according to the Bank for International Settlements.

Denmark Policy Rate Holds at 1.85%

Denmark's official period-average exchange rate against the US dollar rebounded to 6.448419 LCU/USD in August 2026, from 6.547178 in July. The August value remained above the 6.417095 recorded a year earlier. The rate has fluctuated between 6.31794 and 6.547178 over the past 12 months, according to the International Monetary Fund.

Denmark Official FX Rate Rebounds in August

Denmark's consumer confidence rose to -8.8 in August from -11.1 in July. The reading marked a third consecutive monthly increase, following -12.0 in June and -11.1 in July. It remained well below the all-time high of 12.5 set in January 2006 and above the all-time low of -23.5 recorded in October 2022. The index was also up from -14.1 a year earlier, according to Eurostat.

Denmark Consumer Confidence Rises in August

Business confidence in Denmark fell to -18.5 in August from -17.6 in July. The reading marked the third straight monthly decline, following -17.1 in June and -14.4 in May. It remained far below the series high of 12.3 set in December 1984 and above the all-time low of -42.5 from February 2009. The index stood at -14.5 a year earlier, according to Eurostat.

Denmark Business Confidence Falls a Third Month

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