Inflation Denmark 1988
Average inflation: 4.5%
Current Inflation
Inflation is high at 4.5%, well above the ECB target.
Peak and Trough
The highest inflation was in February at 5.2%. The lowest inflation was in July at 4.1%.
- Highest month
- February: 5.2%
- Lowest month
- July: 4.1%
- Difference
- 1.1 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 3.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 3.6%.
- Highest increase
- Food and non-alcoholic beverages: 3.6%
- Lowest increase
- Food and non-alcoholic beverages: 3.6%
Historical Context
Current inflation is around the 5-year average of 4.6%.
- 5-year average
- 4.6%
- 10-year average
- 7.4%
- All-time high (1974)
- 15.2%
- All-time low (1969)
- 3.5%
Trend
Inflation has remained relatively stable. Compared to 1987, the difference is minimal (+0.5 percentage point).
- Change vs. previous year
- +0.5 percentage points
- Largest monthly swing
- April: +1.6 percentage points
ECB Target
Inflation is 2.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1988
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1987 |
|---|---|---|
| January | 4.3% | -0.5 |
| February | 5.2% | +0.4 |
| March | 4.7% | -0.6 |
| April | 4.7% | +1.6 |
| May | 4.6% | +1.3 |
| June | 4.6% | +1.2 |
| July | 4.1% | 0.0 |
| August | 4.5% | +0.6 |
| September | 4.5% | +0.9 |
| October | 4.2% | +0.3 |
| November | 4.6% | +0.6 |
| December | 4.5% | +0.4 |
| Average | 4.5% |
Data source
Data from OECD. Last updated: 20/12/2025.