Inflation Denmark 1994
Average inflation: 2.0%
Inflation in 1994
Inflation is normal at 2.0%, around the ECB target.
Peak and Trough
The highest inflation was in December at 2.3%. The lowest inflation was in March at 1.7%.
- Highest month
- December: 2.3%
- Lowest month
- March: 1.7%
- Difference
- 0.6 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is around the 5-year average of 2.1%.
- 5-year average
- 2.1%
- 10-year average
- 3.2%
- All-time high (1980)
- 12.4%
- All-time low (1993)
- 1.3%
Trend
Over the period 1992-1994, inflation has remained relatively stable. Compared to 1993, inflation has risen by 0.7 percentage points.
- Change vs. previous year
- +0.7 percentage points
- Largest monthly swing
- June: +1.2 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 DKK 100 this year will cost approximately DKK 102 next year at this inflation rate.
Multi-year trend
Monthly figures 1994
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1993 |
|---|---|---|
| January | 1.8% | +0.3 |
| February | 1.8% | +0.5 |
| March | 1.7% | +0.6 |
| April | 2.0% | +0.9 |
| May | 1.9% | +0.9 |
| June | 2.1% | +1.2 |
| July | 2.0% | +0.8 |
| August | 2.2% | +1.0 |
| September | 2.0% | +0.8 |
| October | 2.0% | +0.4 |
| November | 2.1% | +0.6 |
| December | 2.3% | +0.8 |
| Average | 2.0% |
Data source
Data from OECD. Last updated: 20/12/2025.