Inflation Denmark 1971
Average inflation: 5.9%
Current Inflation
Inflation is very high at 5.9%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 7.2%. The lowest inflation was in July at 5.2%.
- Highest month
- June: 7.2%
- Lowest month
- July: 5.2%
- Difference
- 2.0 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 6.4%. The lowest price increase was in Food and non-alcoholic beverages with an average of 6.4%.
- Highest increase
- Food and non-alcoholic beverages: 6.4%
- Lowest increase
- Food and non-alcoholic beverages: 6.4%
Historical Context
Current inflation is around the 5-year average of 6.3%.
- 5-year average
- 6.3%
- 10-year average
- 6.3%
- All-time high (1968)
- 8.1%
- All-time low (1969)
- 3.5%
Trend
Inflation shows an upward trend. Compared to 1970, inflation has risen by -0.6 percentage point.
- Change vs. previous year
- -0.6 percentage points
- Largest monthly swing
- September: -2.6 percentage points
ECB Target
Inflation is 3.9% 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 €105.90 next year at this inflation rate.
Multi-year trend
Monthly figures 1971
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1970 |
|---|---|---|
| January | 6.7% | +1.8 |
| February | 5.9% | +0.5 |
| March | 5.4% | -0.4 |
| April | 6.2% | +0.4 |
| May | 6.9% | +0.9 |
| June | 7.2% | +1.7 |
| July | 5.2% | -2.4 |
| August | 5.4% | -1.9 |
| September | 5.2% | -2.6 |
| October | 5.4% | -2.2 |
| November | 5.4% | -2.0 |
| December | 5.7% | -1.2 |
| Average | 5.9% |
Data source
Data from OECD. Last updated: 20/12/2025.