Inflation Denmark 1993

Average inflation: 1.3%

Inflation in 1993

Inflation is low at 1.3%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in October at 1.6%. The lowest inflation was in June at 0.9%.

Highest month
October: 1.6%
Lowest month
June: 0.9%
Difference
0.7 percentage points
Months with data
12 of 12

Historical Context

Inflation is 1.4 percentage points lower than the 5-year average of 2.7%. This approaches the lowest level since records began (1.3% in 1993).

5-year average
2.7%
10-year average
3.6%
All-time high (1974)
15.2%
All-time low (1993)
1.3%

Trend

Over the period 1991-1993, inflation shows a downward trend. Compared to 1992, inflation has fallen by 0.8 percentage points.

Change vs. previous year
-0.8 percentage points
Largest monthly swing
March: -1.5 percentage points

ECB Target

Inflation is 0.7 percentage points below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for DKK 100 this year will cost approximately DKK 101.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1993

Inflation by category

Food and non-alcoholic beverages
-0.3%
-1.6 vs avg.

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

Month overview

Month Inflation Difference vs. 1992
January 1.5% -0.6
February 1.3% -1.0
March 1.1% -1.5
April 1.1% -1.4
May 1.0% -1.5
June 0.9% -1.4
July 1.2% -1.0
August 1.2% -0.9
September 1.2% -0.8
October 1.6% 0.0
November 1.5% +0.1
December 1.5% 0.0
Average 1.3%

Data source

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

See also