Inflation Denmark 1972

Average inflation: 6.6%

Inflation in 1972

Inflation is very high at 6.6%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 7.1%. The lowest inflation was in January at 5.9%.

Highest month
December: 7.1%
Lowest month
January: 5.9%
Difference
1.2 percentage points
Months with data
12 of 12

Historical Context

Inflation is around the 5-year average of 6.1%.

5-year average
6.1%
10-year average
6.4%
All-time high (1968)
8.1%
All-time low (1969)
3.5%

Trend

Over the period 1970-1972, inflation has remained relatively stable. Compared to 1971, inflation has risen by 0.7 percentage points.

Change vs. previous year
+0.7 percentage points
Largest monthly swing
March: +1.6 percentage points

ECB Target

Inflation is 4.6 percentage points 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 DKK 100 this year will cost approximately DKK 106.60 next year at this inflation rate.

Multi-year trend

Monthly figures 1972

Inflation by category

Food and non-alcoholic beverages
9.1%
+2.5 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1971
January 5.9% -0.8
February 6.3% +0.4
March 7.0% +1.6
April 6.7% +0.5
May 6.1% -0.8
June 6.4% -0.8
July 6.5% +1.3
August 6.5% +1.1
September 6.5% +1.3
October 6.8% +1.4
November 7.0% +1.6
December 7.1% +1.4
Average 6.6%

Data source

Data from OECD. Last updated: 20/12/2025.

See also