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.
DKK currency market profile
Core identifiers, trading context, and product links for the DKK market.
Danish Krone
Primary central-bank or monetary authority reference.
Fast path into the FX pair dashboard and market profile.
Approximate primary liquidity window used across FXMacroData pages.
Display symbol used in product surfaces.
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.
- 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.
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.
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.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Core Inflation
CPI excluding volatile items like food and energy.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Unemployment Rate
Percentage of the labor force that is unemployed.
Trade Balance
The difference between the value of a country's exports and imports.
Retail Sales
Measures change in the total value of sales at the retail level.
Published Denmark indicator pages
Filter by indicator name, source, cadence, or category.
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Core Inflation
CPI excluding volatile items like food and energy.
Current Account Balance
Measures trade in goods and services and income flows.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Inflation MoM
Month-over-month change in the consumer price index, measuring short-term inflationary momentum.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Retail Sales
Measures change in the total value of sales at the retail level.
Trade Balance
The difference between the value of a country's exports and imports.
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.
Employment Level
Total number of employed persons.
Full-Time Employment
Number of persons employed full-time.
Part-Time Employment
Number of persons employed part-time.
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Unemployment Rate
Percentage of the labor force that is unemployed.
Average Weekly Earnings / Wages
Measures nominal wage growth.
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Broad Money (M3)
M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Risk Free Rate
Overnight lending rate between banks.
10-Year Government Bond Yield
2-Year Government Bond Yield
3-Year Government Bond Yield
5-Year Government Bond Yield
Inflation-Linked Bond Yield
Central Bank Reserves - Domestic Currency
Central Bank Reserves - Foreign Currency
Central Bank Reserves - Gold
House Prices
Indicator validated by integration tests.
Tracked Denmark data catalogue
Coverage families already represented in the FXMacroData catalogue, including pages whose detailed docs are still pending.
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Core Inflation
CPI excluding volatile items like food and energy.
Current Account Balance
Measures trade in goods and services and income flows.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Inflation MoM
Month-over-month change in the consumer price index, measuring short-term inflationary momentum.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Retail Sales
Measures change in the total value of sales at the retail level.
Trade Balance
The difference between the value of a country's exports and imports.
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.
Employment Level
Total number of employed persons.
Full-Time Employment
Number of persons employed full-time.
Part-Time Employment
Number of persons employed part-time.
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Unemployment Rate
Percentage of the labor force that is unemployed.
Average Weekly Earnings / Wages
Measures nominal wage growth.
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Broad Money (M3)
M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Risk Free Rate
Overnight lending rate between banks.
10-Year Government Bond Yield
2-Year Government Bond Yield
3-Year Government Bond Yield
5-Year Government Bond Yield
Inflation-Linked Bond Yield
Central Bank Reserves - Domestic Currency
Central Bank Reserves - Foreign Currency
Central Bank Reserves - Gold
House Prices
Indicator validated by integration tests.
DKK market drivers
Evergreen macro forces to keep beside the country data table.
EUR/DKK position relative to the 7.46038 central rate.
ECB policy-rate decisions, which Danmarks Nationalbank typically follows.
Danmarks Nationalbank FX reserves (a proxy for intervention).
Spread between Danish and German short-term rates.
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.
Explore other countries
Move laterally into another country hub while keeping the same indicator-first structure.