According to DR, Denmark has seen a continuous decline in food prices over the past four months, based on data from Statistics Denmark (Danmarks Statistik). Figures published this morning show that prices for the "food and non-alcoholic beverages" category fell by 0.91 TP3T from October to November. During this period, the cost of purchasing the ingredients for a daily dinner became slightly lower than in previous months, the source reports. Continue reading below Advertisement
Goods that recorded the largest price decreases
According to DR, the prices of several food items fell significantly between October and November. Butter dropped by 13.11 TP3T, frozen seafood by 11.41 TP3T, frozen fish by 9.51 TP3T, sugar and similar products by 8.11 TP3T, and beef and veal by 4.31 TP3T. This means that if a consumer spent 100 Danish kroner on a shopping basket last month, the same basket would cost only about 99.10 kroner today. Although the prices of some items, such as butter and beef, have recently decreased, the price of 500 grams of beef is still about 201 TP3T higher than last year, according to the website.
Experts' opinions on the price decline
Palle Sørensen, chief economist at Nykredit bank, explained that the decline was good news, commenting on the figures: “The good news is that food prices have continued to fall for the fourth consecutive month. This doesn’t mean that prices are lower than last year, but they are moving in the right direction,” as reported by DR. The agency’s data indicates that food prices rose by 3.51 TP3T compared to the period between November 2024 and November 2025.
Inflation is stable despite people feeling that prices are high.
According to the same source, the overall inflation rate, which includes food prices along with other items in Danish household budgets, was 2.1% higher than a year ago, a stable level and below the average wage increase. Despite this, many Danes feel that the cost of living remains high. Sørensen attributes this to the fact that food prices occupy a significant portion of people's consciousness, stating, "The inflation people feel is still far from the actual inflation recorded. This is likely because high food prices remain prominent in their minds, while they overlook the fact that some other major budget items have decreased," according to DR.
A comprehensive look at the economy over five years
The DR report indicated that food prices have risen by 30.71 TP3T since November 2020, while the overall inflation rate was 17.51 TP3T during the same period. Average wages in the industrial sector also increased by 211 TP3T from the third quarter of 2020 to the third quarter of 2025. Sofie Holme Andersen, chief economist at the Economic Labour Movement Council (Arbejderbevægelsens Erhvervsråd), confirmed that inflation is at a reasonable level and that the recent decline in food prices is providing some relief for consumers. She explained to DR: “Consumers felt the historic price increases in 2022, but since July we have seen a decrease in food prices, which is a small relief for those who are still struggling to make ends meet.”.
The impact of rising prices on low-income groups
DR reported that Erik Bjørsted, chief economist at the Danish Metalworkers' Union Dansk Metal, confirmed that inflation is under control, but noted that low-income earners are still feeling the effects of rising prices in recent years. Bjørsted explained that rising food prices have particularly affected low-income groups because food represents a larger portion of their budgets, making them feel the impact of rising prices more acutely. He added, "On average, workers have recovered the purchasing power they lost when prices rose, but the disparities are significant, and it is expected that those receiving benefits will only regain their lost purchasing power by 2029," according to DR.
Inflation expected to decline next year
Regarding the economic outlook, the website noted that most experts agree inflation will fall next year as a result of a series of tax cuts. Starting next January, the electricity tax will drop from 90 öre to just 1 öre, providing significant savings for household budgets. Several excise taxes, including those on coffee, sugar, and chocolate, will also be reduced this summer, leading to further price decreases. According to DR, most economists predict inflation will fall to around 1% next year thanks to these measures.
