Inflation Denmark 1996

Average inflation: 2.1%

Current Inflation

Inflation is normal at 2.1%, around the ECB target.

Peak and Trough

The highest inflation was in August at 2.4%. The lowest inflation was in January at 1.7%.

Highest month
August: 2.4%
Lowest month
January: 1.7%
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 1.7%. The lowest price increase was in Food and non-alcoholic beverages with an average of 1.7%.

Highest increase
Food and non-alcoholic beverages: 1.7%
Lowest increase
Food and non-alcoholic beverages: 1.7%

Historical Context

Current inflation is around the 5-year average of 1.9%.

5-year average
1.9%
10-year average
2.8%
All-time high (1980)
12.4%
All-time low (1993)
1.3%

Trend

Inflation has remained relatively stable. Compared to 1995, the difference is minimal (+0.0 percentage point).

Change vs. previous year
+0.0 percentage points
Largest monthly swing
August: +0.8 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 €100 this year will cost approximately €102.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1996

Inflation by category

Food and non-alcoholic beverages
1.7%
-0.4vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1995
January 1.7% -0.5
February 1.8% -0.5
March 2.1% -0.4
April 2.0% -0.4
May 1.9% -0.4
June 2.0% -0.1
July 2.3% +0.5
August 2.4% +0.8
September 2.3% +0.2
October 2.4% +0.5
November 2.4% +0.5
December 2.3% +0.5
Average 2.1%

Data source

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

See also