Inflation Denmark 1996

Average inflation: 2.1%

Inflation in 1996

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

Historical Context

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

Over the period 1994-1996, inflation has remained relatively stable. Compared to 1995, inflation has remained unchanged.

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 DKK 100 this year will cost approximately DKK 102.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1996

Inflation by category

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

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