Inflation Denmark 1977
Average inflation: 10.9%
Inflation in 1977
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
Historical Context
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
Over the period 1975-1977, inflation shows an upward trend. Compared to 1976, inflation has risen by 1.9 percentage points.
- Change vs. previous year
- +1.9 percentage points
- Largest monthly swing
- January: +7.6 percentage points
ECB Target
Inflation is 8.9 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 110.90 next year at this inflation rate.
Multi-year trend
Monthly figures 1977
Inflation by category
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.