Inflation Denmark 1983
Average inflation: 6.9%
Current Inflation
Inflation is very high at 6.9%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 9.2%. The lowest inflation was in October at 5.3%.
- Highest month
- January: 9.2%
- Lowest month
- October: 5.3%
- Difference
- 3.9 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 5.4%. The lowest price increase was in Food and non-alcoholic beverages with an average of 5.4%.
- Highest increase
- Food and non-alcoholic beverages: 5.4%
- Lowest increase
- Food and non-alcoholic beverages: 5.4%
Historical Context
Current inflation is 3.3% lower than the 5-year average of 10.2%.
- 5-year average
- 10.2%
- 10-year average
- 10.6%
- All-time high (1974)
- 15.2%
- All-time low (1969)
- 3.5%
Trend
Inflation shows a downward trend. Compared to 1982, inflation has fallen by +3.2 percentage point.
- Change vs. previous year
- -3.2 percentage points
- Largest monthly swing
- October: -5.3 percentage points
ECB Target
Inflation is 4.9% 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 €106.90 next year at this inflation rate.
Multi-year trend
Monthly figures 1983
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1982 |
|---|---|---|
| January | 9.2% | -3.1 |
| February | 8.8% | -3.0 |
| March | 7.6% | -2.9 |
| April | 7.7% | -2.3 |
| May | 7.6% | -1.9 |
| June | 7.1% | -2.1 |
| July | 6.3% | -3.0 |
| August | 6.1% | -3.5 |
| September | 6.0% | -3.9 |
| October | 5.3% | -5.3 |
| November | 5.5% | -4.6 |
| December | 6.0% | -3.0 |
| Average | 6.9% |
Data source
Data from OECD. Last updated: 20/12/2025.