The annual inflation rate in Finland climbed to 3.2 percent in October 2021 from 2.5 percent in the prior month. It was the highest figure since January 2012, with upward price pressures mainly coming from housing & utilities (5.6 percent vs 4.6 percent in September), transport (8.3 percent vs 6.8 percent), food and non-alcoholic beverages (1.0 percent vs 0.6 percent), recreation & culture (1.0 percent vs 0.9 percent), furnishings (0.5 percent vs 0.3 percent), alcoholic beverages & tobacco (4.6 percent vs 4.2 percent), and education (0.3 percent vs 0.3 percent). In addition, prices fell at softer rates for both clothing & footwear (-1.5 percent vs -2.0 percent), and health (-0.2 percent vs -1.9 percent). On a monthly basis, consumer prices rose 0.8 percent in October, the most on record, after a 0.3 percnt rise in September. source: Statistics Finland

Inflation Rate in Finland averaged 4.58 percent from 1961 until 2021, reaching an all time high of 19.31 percent in January of 1975 and a record low of -1.54 percent in October of 2009. This page provides the latest reported value for - Finland Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Finland Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Inflation Rate in Finland is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Inflation Rate is projected to trend around 2.00 percent in 2022, according to our econometric models.

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Finland Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-14 05:00 AM Sep 2.5% 2.2% 2.4%
2021-11-15 06:00 AM Oct 3.2% 2.5% 2.7%
2021-12-14 06:00 AM Nov 3.2%


Related Last Previous Unit Reference
Inflation Rate 3.20 2.50 percent Oct/21
Inflation Rate Mom 0.80 0.30 percent Oct/21
Consumer Price Index CPI 107.09 106.29 points Oct/21
Harmonised Consumer Prices 107.10 106.30 points Oct/21
GDP Deflator 107.51 106.88 points Jun/21
Producer Prices 119.90 117.20 points Sep/21
Producer Prices Change 20.80 19.10 percent Oct/21
Export Prices 122.40 120.10 points Oct/21
Import Prices 123.30 119.30 points Oct/21
Food Inflation 1.00 0.60 percent Oct/21
CPI Transportation 110.90 108.60 points Oct/21
CPI Housing Utilities 155.69 154.04 points Oct/21
Wholesale Prices 2578.00 2543.00 points Sep/21

News Stream
Finnish Inflation Rate Highest Since 2012
The annual inflation rate in Finland climbed to 3.2 percent in October 2021 from 2.5 percent in the prior month. It was the highest figure since January 2012, with upward price pressures mainly coming from housing & utilities (5.6 percent vs 4.6 percent in September), transport (8.3 percent vs 6.8 percent), food and non-alcoholic beverages (1.0 percent vs 0.6 percent), recreation & culture (1.0 percent vs 0.9 percent), furnishings (0.5 percent vs 0.3 percent), alcoholic beverages & tobacco (4.6 percent vs 4.2 percent), and education (0.3 percent vs 0.3 percent). In addition, prices fell at softer rates for both clothing & footwear (-1.5 percent vs -2.0 percent), and health (-0.2 percent vs -1.9 percent). On a monthly basis, consumer prices rose 0.8 percent in October, the most on record, after a 0.3 percnt rise in September.
2021-11-15
Finnish Inflation Rate at Near 9-Year High of 2.5%
The annual inflation rate in Finland increased to 2.5 percent in September 2021 from 2.2 percent in the previous month. It was the highest inflation rate since October 2012, amid rising of both petrol and diesel prices. Prices rose faster for housing & utilities (4.6 percent vs 4.0 percent in August), transport (6.8 percent vs 6.6 percent) and food and non-alcoholic beverages (0.6 percent vs 0.5 percent), while those of furnishings rebounded (0.3 percent vs -1.0 percent).Prices continued to increase for recreation & culture (0.9 percent vs 0.9 percent), alcoholic beverages & tobacco (4.2 percent vs 4.3 percent) and education (0.3 percent vs 1.7 percent). In contrast, prices fell further for clothing & footwear (-2.0 percent vs -3.1 percent). On a monthly basis, consumer prices were up 0.3 percent in September, accelerating slightly from a 0.2 percent gain in the prior month.
2021-10-14
Finnish Inflation Rate at 3-Month High of 2.2%
The annual inflation rate in Finland increased to 2.2 percent in August 2021 from 1.9 percent in the previous month. It was the highest inflation rate since May, due mainly to a faster rise in prices of both housing & utilities (4.0 percent vs 2.8 percent in July) and transport (6.6 percent vs 6.2 percent), while those of food and non-alcoholic beverages rose by 0.5 percent, after a flat reading in July. Also, prices increased more for recreation & culture (0.9 percent vs 0.4 percent). On the other hand, inflation was steady for both alcoholic beverages & tobacco (at 4.3 percent) and education (at 1.7 percent). In contrast, prices fell for furnishings (-1.0 percent vs -0.1 percent), clothing & footwear (-3.1 percent vs -2.1 percent). On a monthly basis, consumer prices were up 0.2 percent in August, easing from a 0.3 percent rise in the prior month.
2021-09-14

Finland Inflation Rate
In Finland, the most important category in the consumer price index is housing, water, electricity, gas and other fuels (24.6 percent of total weight). Food and non-alcoholic beverages accounts for 13.5 percent; transport for 13.4 percent and recreation and culture for 11.5 percent. Consumer price index in Finland also includes miscellaneous goods and services (7.4 percent); restaurants and hotels (6.8 percent) and furnishings, household equipment and routine household maintenance (5.4 percent). Health; alcoholic beverages and tobacco; clothing and footwear; communication and education account for remaining 17.3 percent of total weight.