RTTNews - Wednesday, a report by Statistics Denmark said the consumer price index climbed 1.3% year-on-year in May, slower than a 1.4% rise in April.

During the month, housing prices, with the biggest weight in the index, rose 2% annually, at the same pace as in April. Transportation prices with the second highest weight, however, dropped 3%. Food and non-alcoholic beverage prices remained flat in the month.

On a monthly basis, consumer prices were up 0.3% in May.

Meanwhile, the harmonized index of consumer prices or HICP climbed 1.1% annually in May, at the same pace as in April. Compared to the previous month, the HICP was up 0.4%.

The net price index rose 2% year-on-year in May, slowing from a 2.2% in April. Month-on-month, the index increased 0.3% in May.

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