Inflation Denmark 1973
Average inflation: 9.3%
Inflation in 1973
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
Historical Context
Inflation is 2.9 percentage points 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
Over the period 1971-1973, inflation shows an upward trend. Compared to 1972, inflation has risen by 2.7 percentage points.
- Change vs. previous year
- +2.7 percentage points
- Largest monthly swing
- December: +5.5 percentage points
ECB Target
Inflation is 7.3 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 109.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1973
Inflation by category
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.