The annual inflation rate in Finland stood at 0.9 percent in February 2021, unchanged from the previous month. It remained the highest inflation rate since January last year, due mainly to a faster rise in prices of both housing & utilities (1.2 percent vs 0.4 percent in January) and transport (2.7 percent vs 1.1 percent). Meantime, alcoholic beverages & tobacco inflation eased (4.7 percent vs 5.1 percent), while education inflation was steady (at 1.5 percent). At the same time, prices fell for food and non-alcoholic beverages (-0.2 percent vs 0.4), recreation & culture (-0.1 percent vs 0.4 percent), clothing & footwear (-2.4 percent vs 1.0 percent) and furnishings (-1.0 percent vs -1.2 percent). On a monthly basis, consumer prices were up 0.4 percent in February, the most since last July, after a 0.3 percent gain in the prior month. source: Statistics Finland
Inflation Rate in Finland averaged 4.60 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 April of 2021.
Inflation Rate in Finland is expected to be 1.30 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 1.20 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.