Inflation Denmark 2007

Average inflation: 1.7%

Current Inflation

Inflation is low at 1.7%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in November at 2.4%. The lowest inflation was in August at 0.9%.

Highest month
November: 2.4%
Lowest month
August: 0.9%
Difference
1.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 4.5%. The lowest price increase was in Clothing and footwear with an average of -1.8%.

Highest increase
Education: 4.5%
Lowest increase
Clothing and footwear: -1.8%

Historical Context

Current inflation is around the 5-year average of 1.7%.

5-year average
1.7%
10-year average
2%
All-time high (1989)
4.8%
All-time low (2004)
1.1%

Trend

Inflation has remained relatively stable. Compared to 2006, the difference is minimal (-0.2 percentage point).

Change vs. previous year
-0.2 percentage points
Largest monthly swing
August: -1.1 percentage points

ECB Target

Inflation is 0.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2007

Inflation by category

Food and non-alcoholic beverages
4.5%
+2.8vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.7%
-0.0vs avg.
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Clothing and footwear
-1.8%
-3.5vs avg.
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Housing, water, electricity, gas and other fuels
2.1%
+0.4vs avg.
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Furnishings, household equipment and maintenance
1.3%
-0.4vs avg.
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Health
0.6%
-1.1vs avg.
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Transport
1.7%
-0.0vs avg.
More details →
Communication
-0.0%
-1.7vs avg.
More details →
Recreation and culture
0.3%
-1.4vs avg.
More details →
Education
4.5%
+2.8vs avg.
More details →
Restaurants and hotels
2.6%
+0.9vs avg.
More details →
Miscellaneous goods and services
0.4%
-1.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2006
January 1.8% -0.4
February 1.9% -0.3
March 2.0% +0.1
April 1.6% -0.3
May 1.7% -0.3
June 1.4% -0.7
July 1.2% -0.8
August 0.9% -1.1
September 1.3% -0.4
October 1.7% +0.2
November 2.4% +0.6
December 2.3% +0.5
Average 1.7%

Data source

Data from OECD. Last updated: 11/01/2026.

See also