Inflation Denmark 1978
Average inflation: 10.3%
Current Inflation
Inflation is very high at 10.3%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 13.1%. The lowest inflation was in December at 7.1%.
- Highest month
- February: 13.1%
- Lowest month
- December: 7.1%
- Difference
- 6.0 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 9.1%. The lowest price increase was in Food and non-alcoholic beverages with an average of 9.1%.
- Highest increase
- Food and non-alcoholic beverages: 9.1%
- Lowest increase
- Food and non-alcoholic beverages: 9.1%
Historical Context
Current inflation is 0.7% lower than the 5-year average of 11.0%.
- 5-year average
- 11%
- 10-year average
- 8.7%
- All-time high (1974)
- 15.2%
- All-time low (1969)
- 3.5%
Trend
Inflation shows an upward trend. Compared to 1977, inflation has risen by -0.6 percentage point.
- Change vs. previous year
- -0.6 percentage points
- Largest monthly swing
- November: -5.2 percentage points
ECB Target
Inflation is 8.3% 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 €110.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1978
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1977 |
|---|---|---|
| January | 12.6% | +0.2 |
| February | 13.1% | +1.4 |
| March | 12.2% | +3.5 |
| April | 11.5% | +2.0 |
| May | 10.8% | +0.9 |
| June | 10.5% | -0.3 |
| July | 10.0% | -1.4 |
| August | 9.5% | -2.1 |
| September | 9.1% | -1.0 |
| October | 9.8% | -0.4 |
| November | 7.2% | -5.2 |
| December | 7.1% | -5.1 |
| Average | 10.3% |
Data source
Data from OECD. Last updated: 20/12/2025.