DKK live macro board

Denmark Macro Data Board

Danish krone — pegged to the euro within ERM II under one of the world's longest-running currency arrangements.

The Danish krone (DKK) is the official currency of Denmark. Since 1999 it has participated in the European Exchange Rate Mechanism II (ERM II), maintaining a central rate of 7.46038 DKK per euro within a narrow ±2.25% band.

Denmark latest macro readings

A scan-ready view of the main DKK indicators, linking each series to its country page, latest announcement, and API endpoint.

Indicator Latest Previous Change Updated Source Links
Inflation Rate (CPI/HICP)
Economy
1.9 1.9 0 2026-07-10 Statistics Denmark Page /Release /API
10-Year Government Bond Yield
Government Bond Yields
2.31 2.33 -0.02 2026-07-15 Nationalbanken Page /Release /API

Denmark release calendar

Upcoming and recent macro events for the DKK country view.

Top tier
Unemployment Rate Statistics Denmark scheduled releases

Unemployment

Latest
--
Prior
--
Top tier
Inflation Rate (CPI/HICP) Statistics Denmark scheduled releases

Inflation (CPI)

Latest
1.9
Prior
1.9
Tier 2
Producer Price Index (PPI) Statistics Denmark scheduled releases

Ppi

Latest
--
Prior
--
Top tier
Gross Domestic Product (GDP) Growth Statistics Denmark scheduled releases

Gdp

Latest
--
Prior
--

DKK currency market profile

Core identifiers, trading context, and product links for the DKK market.

Currency code
DKK

Danish Krone

Policy institution
Danmarks Nationalbank

Primary central-bank or monetary authority reference.

Primary USD pair
USD/DKK

Fast path into the FX pair dashboard and market profile.

Trading session
London

Approximate primary liquidity window used across FXMacroData pages.

Symbol
kr

Display symbol used in product surfaces.

Also known as
danish krone

Common market shorthand where available.

Denmark macro brief

The highest-signal pages for Denmark include Central Bank Policy Rate, Inflation Rate (CPI/HICP), Core Inflation, Producer Price Index (PPI), with each page linking back to the source metadata, release history, and API endpoint.

Danmarks Nationalbank does not pursue an independent inflation target. Its primary objective is to keep EUR/DKK close to the central parity, achieved through matching the ECB's policy moves and intervening in the FX market when needed.

For DKK research, combine the country-level release map with the USD/DKK dashboard, release calendar, and API reference so macro events, source metadata, and FX context stay connected.

The pages below are organized by indicator rather than API route. That keeps the public website useful for research while still preserving the versioned API contract for developers.

What to watch
  • Danmarks Nationalbank certificate-of-deposit (CD) rate.
  • EUR/DKK spot near the 7.46 central rate.
  • Monthly FX reserve disclosures.
  • ECB monetary policy decisions.
  • Danish CPI and labour-market data.

Denmark source map

Publisher groups represented in the checked-in coverage catalogue for this market.

Statistics Denmark 15 series
Nationalbanken 9 series
Central Bank 3 series
IMF IFS 2 series
ABS 1 series
National Statistics Office 1 series

Denmark coverage by category

The country hub keeps rate, inflation, labour, growth, trade, credit, and market data grouped into the same reusable structure across countries.

Economy 11 / 11
Labor Market 6 / 6
Money & Credit 3 / 3
Monetary Policy 2 / 2
Government Bond Yields 5 / 5
Additional Indicators 4 / 4

Key Denmark indicators

Highest-signal tracked releases for rates, inflation, growth, labour markets, and external balances.

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Published page As-needed % Starts 2010-01-08 Monetary Policy

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Published page Monthly %YoY Starts 2010-01-31 Economy

Core Inflation

CPI excluding volatile items like food and energy.

Published page Quarterly %YoY Starts pending Economy

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Published page Monthly %YoY Starts 2010-01-31 Economy

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Published page Quarterly DKK bn Starts 2000-03-31 Economy

Unemployment Rate

Percentage of the labor force that is unemployed.

Published page Monthly % Starts 2017-07-31 Labor Market

Trade Balance

The difference between the value of a country's exports and imports.

Published page Monthly DKK mn Starts 2010-01-31 Economy

Retail Sales

Measures change in the total value of sales at the retail level.

Published page Monthly %YoY Starts pending Economy

Published Denmark indicator pages

Filter by indicator name, source, cadence, or category.

Economy 11 pages

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Monthly Index (0-100 normalized) Starts 2010-01-31

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Monthly Index (0-100 normalized) Starts 2010-01-31

Core Inflation

CPI excluding volatile items like food and energy.

Quarterly %YoY Starts pending

Current Account Balance

Measures trade in goods and services and income flows.

Quarterly DKK mn Starts pending

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Quarterly DKK bn Starts 2000-03-31

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY Starts 2010-01-31

Inflation MoM

Month-over-month change in the consumer price index, measuring short-term inflationary momentum.

Monthly %MoM Starts 2010-01-31

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Monthly %YoY Starts 2010-01-31

Retail Sales

Measures change in the total value of sales at the retail level.

Monthly %YoY Starts pending

Trade Balance

The difference between the value of a country's exports and imports.

Monthly DKK mn Starts 2010-01-31

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Monthly Index (2020=100) Starts 2010-01-31
Labor Market 6 pages

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Quarterly % Starts pending

Unemployment Rate

Percentage of the labor force that is unemployed.

Monthly % Starts 2017-07-31
Money & Credit 3 pages

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Monthly DKK mn Starts pending

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Monthly DKK mn Starts pending

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Monthly DKK mn Starts pending
Monetary Policy 2 pages

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

As-needed % Starts 2010-01-08
Government Bond Yields 5 pages
Additional Indicators 4 pages

Tracked Denmark data catalogue

Coverage families already represented in the FXMacroData catalogue, including pages whose detailed docs are still pending.

Economy 11 tracked

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Published page Monthly Statistics Denmark Starts 2010-01-31

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Published page Monthly Statistics Denmark Starts 2010-01-31

Current Account Balance

Measures trade in goods and services and income flows.

Published page Quarterly Statistics Denmark Starts pending

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Published page Quarterly Statistics Denmark Starts 2000-03-31

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Published page Monthly Statistics Denmark Starts 2010-01-31

Inflation MoM

Month-over-month change in the consumer price index, measuring short-term inflationary momentum.

Published page Monthly Statistics Denmark Starts 2010-01-31

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Published page Monthly Statistics Denmark Starts 2010-01-31

Retail Sales

Measures change in the total value of sales at the retail level.

Published page Monthly Statistics Denmark Starts pending

Trade Balance

The difference between the value of a country's exports and imports.

Published page Monthly Statistics Denmark Starts 2010-01-31

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Published page Monthly Nationalbanken Starts 2010-01-31
Labor Market 6 tracked

Full-Time Employment

Number of persons employed full-time.

Published page Quarterly Statistics Denmark Starts pending

Part-Time Employment

Number of persons employed part-time.

Published page Quarterly Statistics Denmark Starts pending

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Published page Quarterly Statistics Denmark Starts pending

Unemployment Rate

Percentage of the labor force that is unemployed.

Published page Monthly Statistics Denmark Starts 2017-07-31

Average Weekly Earnings / Wages

Measures nominal wage growth.

Published page Quarterly Statistics Denmark Starts pending
Money & Credit 3 tracked

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Published page Monthly Nationalbanken Starts pending

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Published page Monthly Nationalbanken Starts pending

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Published page Monthly Nationalbanken Starts pending
Monetary Policy 2 tracked

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Published page As-needed Nationalbanken Starts 2010-01-08
Government Bond Yields 5 tracked
Additional Indicators 4 tracked

House Prices

Indicator validated by integration tests.

Published page Quarterly National Statistics Office Starts 2010-03-31

DKK market drivers

Evergreen macro forces to keep beside the country data table.

Driver 1

EUR/DKK position relative to the 7.46038 central rate.

Driver 2

ECB policy-rate decisions, which Danmarks Nationalbank typically follows.

Driver 3

Danmarks Nationalbank FX reserves (a proxy for intervention).

Driver 4

Spread between Danish and German short-term rates.

Driver 5

Periodic stress in the krone peg around large flow events.

DKK questions traders ask

Currency-specific context that helps interpret the country data before moving into endpoints or dashboards.

Is the Danish krone pegged to the euro?

Yes. Denmark participates in ERM II with a central rate of 7.46038 DKK per euro and a ±2.25% band, although in practice Danmarks Nationalbank keeps EUR/DKK in a much tighter range.

Why didn't Denmark join the euro?

Denmark negotiated an opt-out from euro adoption in the 1992 Maastricht Treaty after voters rejected the treaty in a referendum. A second euro referendum in 2000 also rejected adoption.

How does Danmarks Nationalbank defend the peg?

It primarily uses unilateral interest-rate moves — adjusting the certificate-of-deposit rate independently of the ECB if necessary — and FX-market intervention from its reserves. In stressed episodes it has introduced negative rates and capped CD volumes.