Inflation Denmark 1997

Average inflation: 2.2%

Inflation in 1997

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

Historical Context

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

Over the period 1995-1997, inflation has remained relatively stable. Compared to 1996, inflation has risen by 0.1 percentage points.

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 DKK 100 this year will cost approximately DKK 102.20 next year at this inflation rate.

Multi-year trend

Monthly figures 1997

Inflation by category

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

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