Finnish Consumer Prices Fall in January

Consumer prices in Finland fell by 0.2% year-on-year in January 2026, reversing a 0.2% rise in the previous month. Main downward pressure came from declines in costs for housing and utilities (-2.3% vs -2% in December), health (-0.1% vs 5.6%), and miscellaneous goods and services (-4.9% vs -2%). Additionally, inflation moderated for food and non-alcoholic beverages (1.6% vs 2%), information and communication (2.5% vs 4.2%), and recreation, sport and culture (1.3% vs 1.9%). On the other hand, prices increased for alcoholic beverages (3.7% vs 2.3%), clothing and footwear (0.3% vs -0.4%), and education services (11.1% vs 2.8%). On a monthly basis, consumer prices decreased by 0.2% in January, slipping from a 0.2% gain in the preceding period.

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.