The annual inflation rate in Finland increased to 8.8 percent yoy in February 2023, accelerating from 8.4 percent in the previous month. Main upward pressure came from food & non-alcoholic beverages (16.26 percent vs 15.4 percent in January), transport (3.12 percent vs 3.7 percent), recreation & culture (4.98 percent vs 4.4 percent), miscellaneous goods & services (11.92 percent vs 10.6 percent), restaurants & hotels (8.63 percent vs 7.8 percent), communication (5.53 percent vs 5.4 percent), and clothing & footwear (3.45 percent vs 2.4 percent). Meanwhile, prices slowed for housing & utilities (11.71 percent vs 11.8 percent). On a monthly basis, consumer prices rose 0.8 percent in February, up from a 0.6 percent gain in January. source: Statistics Finland
Inflation Rate in Finland averaged 4.62 percent from 1961 until 2023, 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 March of 2023.
Inflation Rate in Finland is expected to be 8.20 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 2.30 percent in 2024 and 1.90 percent in 2025, according to our econometric models.