Finland Inflation Rises to Near Three-Year High

2026-11-13 06:21 By Judith Sib-at 1 min. read

Finland’s annual inflation rate rose to 3.1% in October 2026 from 2.5% in the previous month.

It marked the highest reading since January 2024, driven mainly by higher prices for food and non-alcoholic beverages (2.6% vs 1.9% in September), housing and utilities (3% vs 1.6%), and transport (9.6% vs 8.9%).

Additional upward pressure came from recreation, sports and culture (1.8% vs 1.5%), furnishings, household equipment and routine maintenance (3.1% vs 2.9%), and alcoholic beverages and tobacco (4.3% vs 3.8%).

In contrast, price growth slowed for information and communication (3.4% vs 4.5%), restaurants and accommodation services (1.8% vs 2.0%), and health (2.3% vs 2.5%), while remaining unchanged for education at 4.2%.

Prices fell softer for clothing and footwear (-0.6% vs -0.9%), while dropped further for personal care, social protection and miscellaneous goods and services (-2.0% vs -1.9%).

On a monthly basis, consumer prices rose by 0.4%, easing from a 0.7% increase in September.



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Finland Inflation Rises to Near Three-Year High
Finland’s annual inflation rate rose to 3.1% in October 2026 from 2.5% in the previous month. It marked the highest reading since January 2024, driven mainly by higher prices for food and non-alcoholic beverages (2.6% vs 1.9% in September), housing and utilities (3% vs 1.6%), and transport (9.6% vs 8.9%). Additional upward pressure came from recreation, sports and culture (1.8% vs 1.5%), furnishings, household equipment and routine maintenance (3.1% vs 2.9%), and alcoholic beverages and tobacco (4.3% vs 3.8%). In contrast, price growth slowed for information and communication (3.4% vs 4.5%), restaurants and accommodation services (1.8% vs 2.0%), and health (2.3% vs 2.5%), while remaining unchanged for education at 4.2%. Prices fell softer for clothing and footwear (-0.6% vs -0.9%), while dropped further for personal care, social protection and miscellaneous goods and services (-2.0% vs -1.9%). On a monthly basis, consumer prices rose by 0.4%, easing from a 0.7% increase in September.
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Finland’s annual inflation rate rose to 2.5% in September 2026 from 2.2% in the previous month, marking the highest reading since February 2024. Price growth particularly accelerated for food and non-alcoholic beverages (1.9% vs 1.6% in August), housing and utilities (1.6% vs 1.3%), and transport (8.9% vs 7.3%). Costs also rose at a faster pace for alcoholic beverages and tobacco (3.8% vs 3.6%), information and communication (4.5% vs 3.1%), restaurants and accommodation services (2.0% vs 1.4%), and insurance and financial services (1.7% vs 0.4%), while deflation eased for clothing and footwear (-0.9% vs -1.4%). On the other hand, prices slowed for furnishings, household equipment and routine household maintenance (2.9% vs 4.7%), health (2.5% vs 3.0%), recreation and culture (1.5% vs 1.9%), and education (4.2% vs 5.8%). On a monthly basis, consumer prices rebounded by 0.7% after falling 0.2% in the previous month.
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