Energy price inflation rate in Denmark 2019-2024, by commodity
The inflation rates of energy commodity prices in Denmark have increased significantly since 2021. Gas saw an inflation rate of 179.3 percent in September 2022, the highest annual change in the last three years. This was followed by a drastic decrease in the inflation rate to reach -59.1 percent in September 2023. These developments occurred following Russia's invasion of Ukraine, which has been the cause of uncertainty over Europe's security of gas supply, as well as intense energy price volatility.