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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
DenmarkDenmark CPI held to 118.4 in March 2024
FMPMonthlyReleased April 2024
Denmark CPI held to 118.4 in March 2024, released April 2024. The reading matched expectations. Over the past 3 months, CPI averaged 118.1, vs 117.23 in the prior 3-month window. CPI is now the highest in 7 months.
Latest Release
118.4
Actual
118.7
Consensus
118.4
Previous
Median Absolute Error
±0.35
across last 7 releases
Last Call
Apr 2024
Predicted: 118.93
Actual: 118.4
Error: +0.52
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/DKK | ▼ Inverse | −0.47 | FOREX | Bearish EUR | → View |
| XAU/USD | ▲ Direct | +0.28 | COMMODITIES | Bullish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The April 2024 reading was unchanged from the previous value of 118.4. Over the last 7 releases, the Sigmanomics model has produced a median absolute forecast error of ±0.35. Historically, this indicator is negatively correlated with EUR/DKK (Bearish EUR) and positively correlated with XAU/USD (Bullish XAU).
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CPI - DK
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