Finland's annual inflation rate rose to a three-month high of 1.1 percent in August 2019 from 0.8 percent in the previous month. Prices increased faster for food and non-alcoholic beverages (1.7% vs 0.7% in July); alcoholic beverages & tobacco (5% vs 3.9%); clothing & footwear (0.8% vs 0.2%); health (1.3% vs 1.1%); communication (1.3% vs 1%); restaurants & hotels (2% vs 1%) and miscellaneous goods & services (0.3% vs 0.2%). At the same time, inflation was unchanged for both housing & utilities (at 1.6%) and education (at 1.2%) while cost rose less for furnishings & household equipment (0.3% vs 0.6%). Prices fell for both transport (-0.3% vs 0.1%) and recreation & culture (-0.3% vs -0.5%). On a monthly basis, consumer prices went up 0.4 percent in August, after a 0.3 percent fall in July. Inflation Rate in Finland averaged 4.71 percent from 1961 until 2019, 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.

Inflation Rate in Finland is expected to be 1.10 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 1.30 in 12 months time. In the long-term, the Finland Inflation Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.

Finland Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-14 05:00 AM Inflation Rate YoY May 1.2% 1.5% 1.3%
2019-07-15 05:00 AM Inflation Rate YoY Jun 1% 1.2% 1.2%
2019-08-14 05:00 AM Inflation Rate YoY Jul 0.8% 1% 0.9%
2019-09-13 05:00 AM Inflation Rate YoY Aug 1.1% 0.8% 0.9%
2019-10-14 05:00 AM Inflation Rate YoY Sep 1.1% 1.1%
2019-11-14 06:00 AM Inflation Rate YoY Oct 1%
2019-12-13 06:00 AM Inflation Rate YoY Nov 1.1%


Finland Prices Last Previous Highest Lowest Unit
Inflation Rate 1.10 0.80 19.31 -1.54 percent [+]
Inflation Rate Mom 0.40 -0.30 0.63 -0.70 percent [+]
Harmonised Consumer Prices 103.80 103.40 103.90 71.20 Index Points [+]
Consumer Price Index CPI 103.50 103.10 103.50 5.10 Index Points [+]
Core Consumer Prices 102.84 102.57 102.94 74.18 Index Points [+]
Core Inflation Rate 0.90 0.60 5.70 0.00 percent [+]
GDP Deflator 117.04 116.36 117.04 25.92 Index Points [+]
Producer Prices 2038.00 2027.00 2063.00 106.00 Index Points [+]
Producer Prices Change -1.00 -0.80 7.80 -9.70 percent [+]
Export Prices 105.70 105.90 118.20 93.70 Index Points [+]
Import Prices 107.60 108.60 112.60 76.00 Index Points [+]
CPI Housing Utilities 147.46 147.10 147.46 96.47 Index Points [+]
CPI Transportation 103.90 104.90 104.90 97.50 Index Points [+]
Food Inflation 0.70 1.10 10.70 -6.20 percent [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.10 0.80 19.31 -1.54 1961 - 2019 percent Monthly
2015=100; NSA




Country Last Previous
Argentina 53.60 Aug/19
Australia 1.60 Jun/19
Brazil 3.43 Aug/19
Canada 1.90 Aug/19
China 2.80 Aug/19
Euro Area 1.00 Aug/19
France 1.00 Aug/19
Germany 1.40 Aug/19
India 3.21 Aug/19
Indonesia 3.49 Aug/19
Italy 0.40 Aug/19
Japan 0.30 Aug/19
Mexico 3.16 Aug/19
Netherlands 2.80 Aug/19
Russia 4.30 Aug/19
Saudi Arabia -1.30 Jul/19
Singapore 0.50 Aug/19
South Africa 4.30 Aug/19
South Korea 0.00 Aug/19
Spain 0.30 Aug/19
Switzerland 0.30 Aug/19
Turkey 15.01 Aug/19
United Kingdom 1.70 Aug/19
United States 1.70 Aug/19


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