Lån og Spar: Inflation rises to 2.2% in September as fuel prices climb

• Annual inflation rose to 2.2% in September from 2% in August, driven by higher fuel prices and rents.
• Fuel prices climbed 31.5% year over year as uncertainty over Middle Eastern energy supplies pushed costs higher.
• The European Central Bank could raise interest rates again in December, depending on energy prices and developments in the Middle East.
• Food prices fell 2.2% year over year but remained about 30% above levels at the start of 2021.
• Monthly living costs for an average family of two adults and two children have risen approximately 5,000 kr. since early 2021.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lån og Spar Bank A/S published the original content used to generate this news brief on October 22, 2026, and is solely responsible for the information contained therein.