Inflation Denmark 2007

Average inflation: 1.7%

Inflation in 2007

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

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

Over the period 2005-2007, inflation has remained relatively stable. Compared to 2006, inflation has fallen by 0.2 percentage points.

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

ECB Target

Inflation is 0.3 percentage points 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 DKK 100 this year will cost approximately DKK 101.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2007

Inflation by category

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

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: 13/01/2026.

See also