Inflation Denmark 2017
Average inflation: 1.1%
Current Inflation
Inflation is low at 1.1%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in September at 1.6%. The lowest inflation was in June at 0.6%.
- Highest month
- September: 1.6%
- Lowest month
- June: 0.6%
- Difference
- 1.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 3.2%. The lowest price increase was in Communication with an average of -6.1%.
- Highest increase
- Education: 3.2%
- Lowest increase
- Communication: -6.1%
Historical Context
Current inflation is around the 5-year average of 0.6%.
- 5-year average
- 0.6%
- 10-year average
- 1.5%
- All-time high (2008)
- 3.4%
- All-time low (2016)
- 0.2%
Trend
Inflation has remained relatively stable. Compared to 2016, the difference is minimal (+0.9 percentage point).
- Change vs. previous year
- +0.9 percentage points
- Largest monthly swing
- September: +1.6 percentage points
ECB Target
Inflation is 0.9% 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 €101.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 0.9% | +0.3 |
| February | 1.0% | +0.7 |
| March | 1.0% | +1.0 |
| April | 1.1% | +1.1 |
| May | 0.8% | +0.7 |
| June | 0.6% | +0.3 |
| July | 1.5% | +1.2 |
| August | 1.5% | +1.3 |
| September | 1.6% | +1.6 |
| October | 1.5% | +1.2 |
| November | 1.3% | +0.9 |
| December | 1.0% | +0.5 |
| Average | 1.1% |
Data source
Data from OECD. Last updated: 11/01/2026.