Inflation Denmark 2018
Average inflation: 0.8%
Current Inflation
Inflation is very low at 0.8%, well below the ECB target.
Peak and Trough
The highest inflation was in May at 1.1%. The lowest inflation was in March at 0.5%.
- Highest month
- May: 1.1%
- Lowest month
- March: 0.5%
- Difference
- 0.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 2.6%. The lowest price increase was in Communication with an average of -2.1%.
- Highest increase
- Education: 2.6%
- Lowest increase
- Communication: -2.1%
Historical Context
Current inflation is around the 5-year average of 0.6%.
- 5-year average
- 0.6%
- 10-year average
- 1.3%
- All-time high (2008)
- 3.4%
- All-time low (2016)
- 0.2%
Trend
Inflation has remained relatively stable. Compared to 2017, the difference is minimal (-0.3 percentage point).
- Change vs. previous year
- -0.3 percentage points
- Largest monthly swing
- September: -1.0 percentage points
ECB Target
Inflation is 1.2% 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 €100.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 0.7% | -0.2 |
| February | 0.6% | -0.4 |
| March | 0.5% | -0.5 |
| April | 0.8% | -0.3 |
| May | 1.1% | +0.3 |
| June | 1.1% | +0.5 |
| July | 1.1% | -0.4 |
| August | 1.0% | -0.5 |
| September | 0.6% | -1.0 |
| October | 0.8% | -0.7 |
| November | 0.8% | -0.5 |
| December | 0.8% | -0.2 |
| Average | 0.8% |
Data source
Data from OECD. Last updated: 13/01/2026.