Finland CPI Fall for 1st Time in Over 5 Years

Consumer prices in Finland rose 0.2% year-on-year in December 2025, rebounding from a 0.1% drop in the previous month. Prices increased faster for food and non-alcoholic beverages (2.0% vs 1.7% in November), communication (4.2% vs 3.6%), recreation and culture (1.9% vs 1.1%), and restaurants and hotels (2.2% vs 2.0%), while they remained steady for alcoholic beverages, tobacco and narcotics (2.3%), health (5.6%), and education (2.8%). At the same time, deflation moderated in clothing and footwear (-0.4% vs -0.8%), housing and utilities (-2.0% vs -2.4%), and miscellaneous goods and services (-2.0% vs -2.4%). In contrast, transportation costs continued to decline (-0.5% vs -0.3%), while prices for furnishings, household equipment, and routine household maintenance remained unchanged (-0.1%). On a monthly basis, consumer prices grew by 0.2% in December, rebounding from a 0.2% fall over the previous two months.

Consumer prices in Finland fell 0.1% year-on-year in November 2025, easing slightly from a 0.2% drop in the previous month. This marked the second consecutive month of decline in consumer prices, albeit at a softer pace, driven by a slower fall in prices for housing and utilities (-2.4% vs -3.0% in October), transportation (-0.3% vs -0.9%), and miscellaneous goods and services (-2.4% vs -2.6%). At the same time, costs tumbled for furnishings, household equipment and routine household maintenance (-0.1% vs 0.7%), while inflation moderated for alcoholic beverages, tobacco and narcotics (2.3% vs 2.7%), communication (3.6% vs 4.4%), and recreation and culture (1.1% vs 2.3%). In contrast, prices continued to increase for food and non-alcoholic beverages (1.7% vs 1.6%), health (5.6% vs 5.5%), and restaurants and hotels (2.0% vs 1.5%), while education costs remained steady (2.8%). On a monthly basis, consumer prices fell by 0.2% in November, matching the pace recorded in the previous month.

Finland’s annual consumer prices fell 0.2% in October 2025, reversing a 0.5% increase in the previous month. This marked the first deflation in over five years as prices tumbled for clothing and footwear (-0.30% vs 0.71% in September). Prices also fell further for housing and utilities (-2.99% vs -1.45%), miscellaneous goods and services (-2.58% vs -2.50%), and transportation (-0.93% vs -0.68%). At the same time, inflation eased for food and non-alcoholic beverages (1.59% vs 2.47%), alcoholic beverages, tobacco and narcotics (2.66% vs 3.44%), health (5.53% vs 6.18%), and recreation and culture (2.32% vs 2.60%). In contrast, prices accelerated for furnishings, household equipment and routine household maintenance (0.68% vs 0.19%), communication (4.37% vs 4.06%), and restaurants and hotels (1.49% vs 1.41%). Meanwhile, inflation was steady for education (at 2.84%). On a monthly basis, consumer prices fell by 0.2% in October, following a 0.3% rise in September.