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Interest Rates

Friday September 4, 04:23 PM
PREVIEW-Danish inflation seen steady, C/A surplus growing

COPENHAGEN, Sept 4 (Reuters) - Danish consumer prices are estimated to have risen in August at the same annual pace as in July, and the current account and trade surplus were seen growing, a Reuters survey of economists showed on Friday.
The consumer price index according to the EU-harmonised method (HICP) was seen rising 0.7 percent year-on-year in August, unchanged from July, and CPI (NYSE: CPY - news) by the national method was seen up 1.0 percent, also steady at the July rate, the survey of six economists showed. The July current account surplus was seen growing to 4.6 billion Danish crowns ($881.7 million) from 3.4 billion crowns in June. Four of the analysts saw the trade surplus widening to 3.7 billion crowns on average in July from 3.6 billion in June. The national statistics office will release the inflation data on Thursday, Sept. 10 and the current account and trade balance figures on Tuesday, Sept. 8, at 0730 GMT. FORECAST Danish inflation, current account and trade balance: HICP CPI C/A Trade bal. Median +0.7 +1.0 +4.6 +3.7 Mean +0.7 +1.0 +4.6 +3.7 Minimum +0.5 +0.8 +4.0 +3.5 Maximum +1.0 +1.2 +5.0 +4.0 Month ago (actual) +0.7 +1.0 +3.4 +3.6 ----------------------------------------------------- Danske Bank (Copenhagen: DANSKE.CO - news) +1.0 +1.2 +4.2 +4.0 Jyske Bank (Copenhagen: JYSK.CO - news) +0.8 +1.2 +5.0 +3.5 Moody's Economy +0.7 +1.0 +5.0 n/a Nordea Markets +0.5 +0.8 n/a n/a Nykredit Markets +0.7 +0.8 +4.0 +3.5 Spar Nord Bank (Copenhagen: SPNO.CO - news) +0.6 +0.9 +4.8 +3.8 Sydbank (Copenhagen: SYDB.CO - news) n/a +1.0 +4.5 n/a (Reporting by Martin Dahl) ($1=5.217 Danish Crown) Keywords: DENMARK INFLATION/POLL

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