Inflation Denmark 2014

Average inflation: 0.6%

Current Inflation

Inflation is very low at 0.6%, well below the ECB target.

Peak and Trough

The highest inflation was in January at 1.0%. The lowest inflation was in March at 0.3%.

Highest month
January: 1.0%
Lowest month
March: 0.3%
Difference
0.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 2.8%. The lowest price increase was in Communication with an average of -1.5%.

Highest increase
Education: 2.8%
Lowest increase
Communication: -1.5%

Historical Context

Current inflation is 1.2% lower than the 5-year average of 1.8%. This approaches the lowest level since records began (0.6% in 2014).

5-year average
1.8%
10-year average
1.9%
All-time high (2008)
3.4%
All-time low (2014)
0.6%

Trend

Inflation shows a downward trend. Compared to 2013, inflation has fallen by +0.2 percentage point.

Change vs. previous year
-0.2 percentage points
Largest monthly swing
February: -0.7 percentage points

ECB Target

Inflation is 1.4% 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 €100.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2014

Inflation by category

Food and non-alcoholic beverages
-0.9%
-1.5vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
0.9%
+0.3vs avg.
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Clothing and footwear
0.2%
-0.4vs avg.
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Housing, water, electricity, gas and other fuels
1.5%
+0.9vs avg.
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Furnishings, household equipment and maintenance
-0.9%
-1.5vs avg.
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Health
2.2%
+1.6vs avg.
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Transport
-0.8%
-1.4vs avg.
More details →
Communication
-1.5%
-2.1vs avg.
More details →
Recreation and culture
-0.5%
-1.1vs avg.
More details →
Education
2.8%
+2.2vs avg.
More details →
Restaurants and hotels
1.4%
+0.8vs avg.
More details →
Miscellaneous goods and services
2.5%
+1.9vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2013
January 1.0% -0.2
February 0.5% -0.7
March 0.3% -0.7
April 0.7% -0.1
May 0.5% -0.3
June 0.6% -0.3
July 0.7% +0.1
August 0.5% +0.1
September 0.5% 0.0
October 0.5% -0.1
November 0.5% -0.1
December 0.4% -0.3
Average 0.6%

Data source

Data from OECD. Last updated: 13/01/2026.

See also