Inflation Denmark 2016

Average inflation: 0.2%

Current Inflation

Inflation is very low at 0.2%, well below the ECB target.

Peak and Trough

The highest inflation was in January at 0.6%. The lowest inflation was in March at 0.0%.

Highest month
January: 0.6%
Lowest month
March: 0.0%
Difference
0.6 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 2.7%. The lowest price increase was in Communication with an average of -6.5%.

Highest increase
Education: 2.7%
Lowest increase
Communication: -6.5%

Historical Context

Current inflation is 0.7% lower than the 5-year average of 0.9%. This approaches the lowest level since records began (0.2% in 2016).

5-year average
0.9%
10-year average
1.6%
All-time high (2008)
3.4%
All-time low (2016)
0.2%

Trend

Inflation has remained relatively stable. Compared to 2015, the difference is minimal (-0.3 percentage point).

Change vs. previous year
-0.3 percentage points
Largest monthly swing
January: +0.7 percentage points

ECB Target

Inflation is 1.8% 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 €100.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2016

Inflation by category

Food and non-alcoholic beverages
0.1%
-0.1vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
0.3%
+0.1vs avg.
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Clothing and footwear
-2.4%
-2.6vs avg.
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Housing, water, electricity, gas and other fuels
0.8%
+0.6vs avg.
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Furnishings, household equipment and maintenance
-0.2%
-0.4vs avg.
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Health
-0.4%
-0.6vs avg.
More details →
Transport
-1.5%
-1.7vs avg.
More details →
Communication
-6.5%
-6.7vs avg.
More details →
Recreation and culture
0.8%
+0.6vs avg.
More details →
Education
2.7%
+2.5vs avg.
More details →
Restaurants and hotels
2.7%
+2.5vs avg.
More details →
Miscellaneous goods and services
1.8%
+1.6vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2015
January 0.6% +0.7
February 0.3% 0.0
March 0.0% -0.6
April 0.0% -0.5
May 0.1% -0.6
June 0.3% -0.3
July 0.3% -0.4
August 0.2% -0.4
September 0.0% -0.5
October 0.3% 0.0
November 0.4% +0.1
December 0.5% +0.1
Average 0.2%

Data source

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

See also