What was the rate of inflation in Denmark between 1850-1866.
I have been told this was a time a hyperinflation.

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Request for Question Clarification by bobbie7-ga on 29 Sep 2003 13:38 PDT

Hello Pmj-ga

I located a publication that examines consumer price indices for
Denmark for the years you require.


This paper provides:

- A table with the Consumer Prices Indices for Denmark by year for the
1800’s up to early 1900.


The following charts are also presented:

- Annual fluctuations in consumer price indices for Denmark, Norway
and Sweden for the 1800’s up to the start of the 1900’s.

-  Consumer price indices for Denmark. (Same years as above)
   (1870=100)

- Consumer Prices Indices for Denmark, Norway and Sweden (Same years)
  (1870=100)


If this is the information you require, please let me know through the
clarification feature and I will then post my findings as the answer
to your question.


Thanks,
Bobbie7

Hello pmj-ga,

What was the rate of inflation in Denmark between 1850-1866? 

--------------------------------
Denmark Inflation Rate 1850-1866
--------------------------------
Year     Inflation Rate
--------------------------------
1850      -1.17%  
1851       2.38%
1852       0% 
1853      10.46%
1854      10.52%
1855       1.90%
1856       4.67%
1857      -1.63% 
1858      -9.09%
1859      -2%    
1860       2.04%
1861       4%
1862      -0.96%  
1863      -2.91%  
1864       1%  
1865       1.98%
1866       2.91%
========================================


Using the Consumer Price Indices (CPI’s) below, I calculated the
inflation rate.

“How Do I Calculate the Inflation Rate?”
((B - A)/A)*100
Source: Inflation DAta
http://inflationdata.com/inflation/Articles/CalculateInflation.asp


-----------------------------------
CPIs for Denmark (1870=100)
-----------------------------------
Year     Consumer Price Index (CPI)
-----------------------------------
1849     85.0
1850     84.0 
1851     86.0 
1852     86.0 
1853     95.0 
1854    105.0 
1855    107.0
1856    112.0
1857    110.0 
1858    100.0 
1859     98.0 
1860    100.0 
1861    104.0 
1862    103.0 
1863    100.0 
1864    101.0 
1865    103.0
1866    106.0
========================================


The CPI's were extracted from the following publication:


CONSUMER PRICE INDICES FOR THE SCANDINAVIAN COUNTRIES 1815-1913
Published December 2003 
Ola Honningdal Grytten - Department of Economics
Norwegian School of Economics and Business Administration

Source: Norges Handelshøyskole
http://www.nhh.no/sam/res-publ/2003/12.pdf


Abstract:

“The present article examines consumer price development in the three
Scandinavian countries, Denmark, Norway and Sweden, 1815-1913.“

“This article examines the development of consumer prices in the
Scandinavian countries Denmark, Norway and Sweden from the post
Napoleonic era to the Second World War. Reliable cost of living
indices for Denmark and Sweden exist from 1815 and 1830 respectively.”

Relevant Data:

“The two cost of living indices for Denmark by Hansen and Pedersen are
shown in chart 4. The main difference between the two indices
1855-1870 are higher fluctuations in Pedersen’s index compared to
Hansen’s. By splicing the two indices in 1870 we arrive at a CPI for
Denmark, covering every year 1815-1913.”


Chart 4 - Page 17
CPIs for Denmark 1819-1913 (1870=100) 
”Denmark and Norway had significant deflation until the middle of the
1840s, and thereafter inflation to the middle of the 1870s.” 


Chart 6 - Page 20 
CPIs for Denmark, Norway and Sweden from 1815-1915.
(1870=100)


Chart 7 - Page 21 
Annual fluctuations in CPIs for Denmark, Norway and Sweden from 1819
to 1915.


Table 6 - Pages 24-25
CPIs for Denmark, Norway and Sweden (1870=100)

Source: Norges Handelshøyskole
http://www.nhh.no/sam/res-publ/2003/12.pdf


Search Criteria:

Denmark inflation rates
“Rate of inflation” +Denmark
Historical economic data +Denmark
Denmark economic statistics
Denmark inflation rates historic

I hope the above information helps you in your research. If anything
is unclear please ask for clarification.


Best Regards,
Bobbie7-ga

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Request for Answer Clarification by pmj-ga on 30 Sep 2003 05:11 PDT

Bobbie,  

this is exactly what I was looking for.

thanks.

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Clarification of Answer by bobbie7-ga on 30 Sep 2003 07:24 PDT

Pmj-ga,

I'm glad you found the answer helpful!

--Bobbie

Prompt and exact.