The annual inflation rate in Finland climbed by 2.1% year-on-year in May 2026 from 1.5% in the previous month. This marked the sharpest increase since March 2024, driven largely by higher housing and utilities (0.6% vs -0.3% in April) and transport costs (7.1% vs 5.3%) due to rising fuel costs. Costs also increased for health (6.2% vs 3.6%), particularly for refundable prescription medicines, and furnishings, household equipment and routine household maintenance (4.3% vs 3.4%), while it remained steady for education services at 11.5%. Meanwhile, inflation softened for food and non-alcoholic beverages (1.1% vs 1.7%) and information and communication (4.3% vs 5.2%). On a monthly basis, consumer prices rose by 0.5% in May, accelerating from a 0.1% gain in April. Harmonized consumer prices, the ECB’s preferred measure, increased 2.8% year-on-year, following a 2.4% rise in the preceding period. source: Statistics Finland

Inflation Rate in Finland increased to 2.10 percent in May from 1.50 percent in April of 2026. Inflation Rate in Finland averaged 4.51 percent from 1961 until 2026, 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 June of 2026.

Inflation Rate in Finland increased to 2.10 percent in May from 1.50 percent in April of 2026. Inflation Rate in Finland is expected to be 2.40 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 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-13 05:00 AM
Inflation Rate YoY
Apr 1.5% 1.3% 1.3%
2026-06-15 05:00 AM
Inflation Rate YoY
May 2.1% 1.5% 2.2%
2026-07-14 05:00 AM
Inflation Rate YoY
Jun 2.1% 2.4%


Related Last Previous Unit Reference
CPI 102.14 101.68 points May 2026
CPI Housing Utilities 100.28 100.11 points May 2026
CPI Transportation 106.31 105.80 points May 2026
Export Prices 121.00 118.90 points May 2026
Food Inflation 1.10 1.70 percent May 2026
GDP Deflator 117.27 116.57 points Mar 2026
Harmonised Consumer Prices 102.91 102.36 points May 2026
Import Prices 121.70 121.00 points May 2026
Inflation Rate YoY 2.10 1.50 percent May 2026
Inflation Rate MoM 0.50 0.10 percent May 2026
Producer Prices 123.60 122.00 points May 2026
PPI YoY 7.40 4.60 percent May 2026
Wholesale Prices 3044.00 3026.00 points May 2026


Finland Inflation Rate
In Finland, the most important category in the consumer price index is housing, water, electricity, gas and other fuels (25 percent of total weight). Food and non-alcoholic beverages accounts for 14 percent; transport for 13 percent and recreation and culture for 12 percent. Consumer price index in Finland also includes miscellaneous goods and services (7 percent); restaurants and hotels (7 percent) and furnishings, household equipment and routine household maintenance (5 percent). Health; alcoholic beverages and tobacco; clothing and footwear; communication and education account for remaining 17 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
2.10 1.50 19.31 -1.54 1961 - 2026 percent Monthly
2015=100; NSA

News Stream
Finnish Inflation Hits 26-Month High
The annual inflation rate in Finland climbed by 2.1% year-on-year in May 2026 from 1.5% in the previous month. This marked the sharpest increase since March 2024, driven largely by higher housing and utilities (0.6% vs -0.3% in April) and transport costs (7.1% vs 5.3%) due to rising fuel costs. Costs also increased for health (6.2% vs 3.6%), particularly for refundable prescription medicines, and furnishings, household equipment and routine household maintenance (4.3% vs 3.4%), while it remained steady for education services at 11.5%. Meanwhile, inflation softened for food and non-alcoholic beverages (1.1% vs 1.7%) and information and communication (4.3% vs 5.2%). On a monthly basis, consumer prices rose by 0.5% in May, accelerating from a 0.1% gain in April. Harmonized consumer prices, the ECB’s preferred measure, increased 2.8% year-on-year, following a 2.4% rise in the preceding period.
2026-06-15
Finnish Inflation Rises Near 2-Year High
The annual inflation rate in Finland rose to 1.5% in April 2026 from 1.3% in the previous month. This marked the sharpest increase since May 2024, largely driven by higher transport costs (5.3% vs 3.1% in March), particularly for diesel (35.9% vs 18.3%) and gasoline (16.1% vs 9.2%). Inflation also accelerated for food (1.7% vs 0.5%), health (3.6% vs 1.9%), information and communication (5.2% vs 4.8%), and education services (11.5% vs 11.1%), while alcoholic beverages and tobacco remained steady at 3.6%. Meanwhile, costs for insurance and financial services (-3.1% vs -3.4%) and housing and utilities (-0.3% vs 1.2%) declined, although heating oil costs surged further (72% vs 41.7%). On a monthly basis, consumer prices rose 0.1%, slowing from a 0.7% increase in March. Harmonized consumer prices, the ECB’s preferred measure, increased 2.4% year-on-year, slightly easing from 2.5% in the previous month.
2026-05-13
Finnish Inflation Rate Highest Since 2024
The annual inflation rate in Finland further climbed to 1.3% in March 2026 from a thirteen-month high of 0.6% in the previous month. It marked the highest reading since June 2024, primarily driven by a rebound in housing and utilities (1.2% vs -0.2% in February) and a notable increase in transport (3.1% vs 0%) amid global energy disruptions driven by the ongoing Middle East conflict. In contrast, costs eased for food and non-alcoholic beverages (0.5% vs 1.4%), furniture, household appliances and general housekeeping (2.1% vs 3.9%), and restaurants and hotels (2.5% vs 2.6%). In addition, deflation deepened for clothing and footwear (-0.9% vs -0.1%), while it remained unchanged for alcoholic beverages and tobacco (3.6% vs 3.6%). On a monthly basis, consumer prices eased to 0.7% from a more than three-year high of 1.1% in February. Meanwhile, harmonized consumer prices rose 2.5% in March, from 1.8% in the prior month, marking its highest level since September 2023.
2026-04-14