Inflation Denmark 1997

Average inflation: 2.2%

Current Inflation

Inflation is normal at 2.2%, around the ECB target.

Peak and Trough

The highest inflation was in January at 2.7%. The lowest inflation was in March at 1.7%.

Highest month
January: 2.7%
Lowest month
March: 1.7%
Difference
1.0 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 3.5%. The lowest price increase was in Food and non-alcoholic beverages with an average of 3.5%.

Highest increase
Food and non-alcoholic beverages: 3.5%
Lowest increase
Food and non-alcoholic beverages: 3.5%

Historical Context

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

5-year average
1.9%
10-year average
2.6%
All-time high (1980)
12.4%
All-time low (1993)
1.3%

Trend

Inflation has remained relatively stable. Compared to 1996, the difference is minimal (+0.1 percentage point).

Change vs. previous year
+0.1 percentage points
Largest monthly swing
January: +1.0 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 €102.20 next year at this inflation rate.

Multi-year trend

Monthly figures 1997

Inflation by category

Food and non-alcoholic beverages
3.5%
+1.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1996
January 2.7% +1.0
February 2.2% +0.4
March 1.7% -0.4
April 1.7% -0.3
May 2.0% +0.1
June 2.4% +0.4
July 2.3% 0.0
August 2.5% +0.1
September 2.3% 0.0
October 2.2% -0.2
November 2.1% -0.3
December 2.1% -0.2
Average 2.2%

Data source

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

See also