Inflation Denmark 2002
Average inflation: 2.4%
Current Inflation
Inflation is normal at 2.4%, around the ECB target.
Peak and Trough
The highest inflation was in November at 2.8%. The lowest inflation was in May at 2.0%.
- Highest month
- November: 2.8%
- Lowest month
- May: 2.0%
- Difference
- 0.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 6.5%. The lowest price increase was in Communication with an average of 0.2%.
- Highest increase
- Education: 6.5%
- Lowest increase
- Communication: 0.2%
Historical Context
Current inflation is around the 5-year average of 2.4%.
- 5-year average
- 2.4%
- 10-year average
- 2.2%
- All-time high (1983)
- 6.9%
- All-time low (1993)
- 1.3%
Trend
Inflation has remained relatively stable. Compared to 2001, the difference is minimal (+0.1 percentage point).
- Change vs. previous year
- +0.1 percentage points
- Largest monthly swing
- November: +1.0 percentage points
ECB Target
Inflation is 0.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
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 €102.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2002
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2001 |
|---|---|---|
| January | 2.5% | +0.2 |
| February | 2.5% | 0.0 |
| March | 2.6% | +0.3 |
| April | 2.6% | 0.0 |
| May | 2.0% | -0.7 |
| June | 2.2% | -0.1 |
| July | 2.2% | -0.2 |
| August | 2.3% | -0.2 |
| September | 2.4% | +0.2 |
| October | 2.5% | +0.4 |
| November | 2.8% | +1.0 |
| December | 2.5% | +0.4 |
| Average | 2.4% |
Data source
Data from OECD. Last updated: 11/01/2026.