Inflation Denmark 1989

Average inflation: 4.8%

Current Inflation

Inflation is high at 4.8%, well above the ECB target.

Peak and Trough

The highest inflation was in October at 5.1%. The lowest inflation was in February at 4.4%.

Highest month
October: 5.1%
Lowest month
February: 4.4%
Difference
0.7 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 4.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 4.2%.

Highest increase
Food and non-alcoholic beverages: 4.2%
Lowest increase
Food and non-alcoholic beverages: 4.2%

Historical Context

Current inflation is around the 5-year average of 4.3%.

5-year average
4.3%
10-year average
6.9%
All-time high (1974)
15.2%
All-time low (1986)
3.7%

Trend

Inflation has remained relatively stable. Compared to 1988, the difference is minimal (+0.3 percentage point).

Change vs. previous year
+0.3 percentage points
Largest monthly swing
July: +0.9 percentage points

ECB Target

Inflation is 2.8% 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 €104.80 next year at this inflation rate.

Multi-year trend

Monthly figures 1989

Inflation by category

Food and non-alcoholic beverages
4.2%
-0.6vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1988
January 4.6% +0.3
February 4.4% -0.8
March 4.7% 0.0
April 4.9% +0.2
May 4.8% +0.2
June 4.5% -0.1
July 5.0% +0.9
August 4.9% +0.4
September 4.7% +0.2
October 5.1% +0.9
November 4.8% +0.2
December 4.8% +0.3
Average 4.8%

Data source

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

See also