The annual inflation rate in Finland declined to 2.0 percent in June 2021 from 2.2 percent in the previous month. It was the lowest inflation rate since March, due to a softer rise in prices of transport (5.7 percent vs 7.2 percent). Upward pressure also came from: housing & utilities (2.3 percent vs 2.2 percent in May), recreation & culture (1.6 percent vs 1.5 percent), alcoholic beverages & tobacco (4.8 percent vs 4.8 percent), education (1.7 percent vs 1.7 percent) and furnishings (0.1 percent vs -0.3 percent). In addition, prices of food and non-alcoholic beverages fell (-0.4 percent vs 0.5 percent), while those of clothing & footwear dropped more (-1.9 percent vs -0.5 percent). On a monthly basis, consumer prices edged down 0.1 percent in June, reversing from a 0.2 percent rise in the prior month. source: Statistics Finland

Inflation Rate in Finland averaged 4.59 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 July of 2021.

Inflation Rate in Finland is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Finland to stand at 1.00 in 12 months time. In the long-term, the Finland Inflation Rate is projected to trend around 1.20 percent in 2022 and 1.50 percent in 2023, according to our econometric models.

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Finland Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.20 19.31 -1.54 1961 - 2021 percent Monthly
2015=100; NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-14 05:00 AM Mar 1.3% 0.9% 1.3%
2021-05-14 05:00 AM Apr 2.1% 1.3% 2%
2021-06-14 05:00 AM May 2.2% 2.1% 2.3%
2021-07-14 05:00 AM Jun 2% 2.2% 2%
2021-08-13 05:00 AM Jul 2%
2021-09-14 05:00 AM Aug
2021-10-14 05:00 AM Sep
2021-11-12 06:00 AM Oct


News Stream
Finnish Inflation Rate at 3-Month Low of 2%
The annual inflation rate in Finland declined to 2.0 percent in June 2021 from 2.2 percent in the previous month. It was the lowest inflation rate since March, due to a softer rise in prices of transport (5.7 percent vs 7.2 percent). Upward pressure also came from: housing & utilities (2.3 percent vs 2.2 percent in May), recreation & culture (1.6 percent vs 1.5 percent), alcoholic beverages & tobacco (4.8 percent vs 4.8 percent), education (1.7 percent vs 1.7 percent) and furnishings (0.1 percent vs -0.3 percent). In addition, prices of food and non-alcoholic beverages fell (-0.4 percent vs 0.5 percent), while those of clothing & footwear dropped more (-1.9 percent vs -0.5 percent). On a monthly basis, consumer prices edged down 0.1 percent in June, reversing from a 0.2 percent rise in the prior month.
2021-07-14
Finnish Inflation Rate Highest Since 2012
The annual inflation rate in Finland inched up to 2.2 percent in May 2021 from 2.1 percent in the previous month. It was the highest inflation rate since December 2012, due mainly to a faster rise in prices of housing & utilities (2.2 percent vs 1.7 percent in April). At the same time, prices advanced more for recreation & culture (1.5 percent vs 0.8 percent), alcoholic beverages & tobacco (4.8 percent vs 4.7 percent).On the other hand, prices continued to rise for both transport (7.2 percent vs 7.5 percent) and food and non-alcoholic beverages (0.5 percent vs 0.8), while education inflation was steady (at 1.7 percent). By contrast, prices fell further for furnishings (-0.3 percent vs -1.3 percent), clothing & footwear (-0.5 percent vs -0.5 percent). On a monthly basis, consumer prices went up 0.2 percent in May, easing from a 0.4 percent rise in the prior month.
2021-06-14
Finnish Inflation Rate at Over 9-Year High of 2.1%
The annual inflation rate in Finland increased to 2.1 percent in April 2021 from 1.3 percent in the previous month. It was the highest inflation rate since December 2012, due mainly to a faster rise in prices of housing & utilities (1.7 percent vs 1.6 percent in March), transport (7.5 percent vs 5.4 percent) and food and non-alcoholic beverages (0.8 percent vs 0.5). Also, prices advanced more for alcoholic beverages & tobacco (4.7 percent vs 4.6 percent), education (1.7 percent vs 1.5 percent), while rebounded for both clothing & footwear (0.5 percent vs -2.3 percent) and recreation & culture prices (0.8 percent vs -0.2 percent). By contrast, prices fell further for furnishings (-1.3 percent vs -2.3 percent). On a monthly basis, consumer prices were up 0.4 percent in April, accelerating from a 0.2 percent rise in the prior month.
2021-05-14
Finnish Inflation Rate at 23-Month High of 1.3%
The annual inflation rate in Finland increased to 1.3 percent in March 2021 from 0.9 percent in the previous month. It was the highest inflation rate since April 2019, due mainly to a faster rise in prices of both housing & utilities (1.6 percent vs 1.2 percent in February) and transport (5.4 percent vs 2.7 percent), while prices of for food and non-alcoholic beverages rebounded sharply (0.5 percent vs -0.2). Meantime, alcoholic beverages & tobacco inflation eased (4.6 percent vs 4.7 percent), while education inflation was steady (vs 1.5 percent). On the other hand, prices fell further for recreation & culture (-0.2 percent vs -0.1 percent), clothing & footwear (-2.3 percent vs -2.4 percent) and furnishings (-2.3 percent vs -1.0 percent). On a monthly basis, consumer prices rose 0.2 percent in March, the least since last December, easing from a 0.4 percent growth in the prior month.
2021-04-14

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.