Inflation Denmark 1973

Average inflation: 9.3%

Current Inflation

Inflation is very high at 9.3%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 12.6%. The lowest inflation was in January at 7.1%.

Highest month
December: 12.6%
Lowest month
January: 7.1%
Difference
5.5 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 13.3%. The lowest price increase was in Food and non-alcoholic beverages with an average of 13.3%.

Highest increase
Food and non-alcoholic beverages: 13.3%
Lowest increase
Food and non-alcoholic beverages: 13.3%

Historical Context

Current inflation is 2.9% higher than the 5-year average of 6.4%. This approaches the highest level since records began (9.3% in 1973).

5-year average
6.4%
10-year average
6.8%
All-time high (1973)
9.3%
All-time low (1969)
3.5%

Trend

Inflation shows an upward trend. Compared to 1972, inflation has risen by +2.7 percentage point.

Change vs. previous year
+2.7 percentage points
Largest monthly swing
December: +5.5 percentage points

ECB Target

Inflation is 7.3% 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 €109.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1973

Inflation by category

Food and non-alcoholic beverages
13.3%
+4.0vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1972
January 7.1% +1.2
February 7.8% +1.5
March 7.7% +0.7
April 8.4% +1.7
May 8.7% +2.6
June 8.8% +2.4
July 9.3% +2.8
August 9.6% +3.1
September 9.9% +3.4
October 10.3% +3.5
November 11.2% +4.2
December 12.6% +5.5
Average 9.3%

Data source

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

See also