Danish Millennials Pinched After Inflation Hits 37-Year High
- March inflation accelerated to 5.4%, highest level since 1985
- Youth, less wealthy consumers to be hit most: Danske analyst
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Danish inflation is higher than millennials and younger adults have ever experienced in their lives.
After a decade of price increases clocking in at less than 2% a year, consumers are now having to contend with a whopping 5.4% gain in March from a year earlier -- a level not seen since May 1985, when the Internet was in its infancy and the Berlin Wall was still standing.