Inflation Denmark 1970
Average inflation: 6.5%
Current Inflation
Inflation is very high at 6.5%, far above the ECB target.
Peak and Trough
The highest inflation was in September at 7.8%. The lowest inflation was in January at 4.9%.
- Highest month
- September: 7.8%
- Lowest month
- January: 4.9%
- Difference
- 2.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 8.0%. The lowest price increase was in Food and non-alcoholic beverages with an average of 8.0%.
- Highest increase
- Food and non-alcoholic beverages: 8.0%
- Lowest increase
- Food and non-alcoholic beverages: 8.0%
Historical Context
Current inflation is around the 5-year average of 6.4%.
- 5-year average
- 6.4%
- 10-year average
- 6.4%
- All-time high (1968)
- 8.1%
- All-time low (1969)
- 3.5%
Trend
Inflation shows a downward trend. Compared to 1969, inflation has fallen by +3.0 percentage point.
- Change vs. previous year
- +3.0 percentage points
- Largest monthly swing
- July: +5.0 percentage points
ECB Target
Inflation is 4.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €106.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1970
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1969 |
|---|---|---|
| January | 4.9% | +0.6 |
| February | 5.4% | +1.1 |
| March | 5.8% | +1.9 |
| April | 5.8% | +3.5 |
| May | 6.0% | +3.8 |
| June | 5.5% | +3.0 |
| July | 7.6% | +5.0 |
| August | 7.3% | +4.1 |
| September | 7.8% | +4.3 |
| October | 7.6% | +3.7 |
| November | 7.4% | +2.9 |
| December | 6.9% | +2.0 |
| Average | 6.5% |
Data source
Data from OECD. Last updated: 20/12/2025.