Inflation Denmark 1977

Average inflation: 10.9%

Current Inflation

Inflation is very high at 10.9%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 12.4%. The lowest inflation was in March at 8.7%.

Highest month
January: 12.4%
Lowest month
March: 8.7%
Difference
3.7 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 around the 5-year average of 10.8%.

5-year average
10.8%
10-year average
8.5%
All-time high (1974)
15.2%
All-time low (1969)
3.5%

Trend

Inflation shows an upward trend. Compared to 1976, inflation has risen by +1.9 percentage point.

Change vs. previous year
+1.9 percentage points
Largest monthly swing
January: +7.6 percentage points

ECB Target

Inflation is 8.9% 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 €110.90 next year at this inflation rate.

Multi-year trend

Monthly figures 1977

Inflation by category

Food and non-alcoholic beverages
13.3%
+2.4vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1976
January 12.4% +7.6
February 11.7% +6.5
March 8.7% -0.3
April 9.5% +0.6
May 9.9% +1.3
June 10.8% +3.1
July 11.4% +4.2
August 11.6% +3.9
September 10.1% +0.8
October 10.2% -3.2
November 12.4% -0.4
December 12.2% -0.9
Average 10.9%

Data source

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

See also