The annual inflation rate in Finland increased to 2.5 percent in September 2021 from 2.2 percent in the previous month. It was the highest inflation rate since October 2012, amid rising of both petrol and diesel prices. Prices rose faster for housing & utilities (4.6 percent vs 4.0 percent in August), transport (6.8 percent vs 6.6 percent) and food and non-alcoholic beverages (0.6 percent vs 0.5 percent), while those of furnishings rebounded (0.3 percent vs -1.0 percent).Prices continued to increase for recreation & culture (0.9 percent vs 0.9 percent), alcoholic beverages & tobacco (4.2 percent vs 4.3 percent) and education (0.3 percent vs 1.7 percent). In contrast, prices fell further for clothing & footwear (-2.0 percent vs -3.1 percent). On a monthly basis, consumer prices were up 0.3 percent in September, accelerating slightly from a 0.2 percent gain in the prior month. source: Statistics Finland

Inflation Rate in Finland averaged 4.58 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 October of 2021.

Inflation Rate in Finland is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.

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Finland Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-07-14 05:00 AM Jun 2% 2.2% 2%
2021-08-13 05:00 AM Jul 1.9% 2% 1.8%
2021-09-14 05:00 AM Aug 2.2% 1.9% 2%
2021-10-14 05:00 AM Sep 2.5% 2.2% 2.4%
2021-11-12 06:00 AM Oct 2.5%
2021-12-14 06:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Finnish Inflation Rate at Near 9-Year High of 2.5%
The annual inflation rate in Finland increased to 2.5 percent in September 2021 from 2.2 percent in the previous month. It was the highest inflation rate since October 2012, amid rising of both petrol and diesel prices. Prices rose faster for housing & utilities (4.6 percent vs 4.0 percent in August), transport (6.8 percent vs 6.6 percent) and food and non-alcoholic beverages (0.6 percent vs 0.5 percent), while those of furnishings rebounded (0.3 percent vs -1.0 percent).Prices continued to increase for recreation & culture (0.9 percent vs 0.9 percent), alcoholic beverages & tobacco (4.2 percent vs 4.3 percent) and education (0.3 percent vs 1.7 percent). In contrast, prices fell further for clothing & footwear (-2.0 percent vs -3.1 percent). On a monthly basis, consumer prices were up 0.3 percent in September, accelerating slightly from a 0.2 percent gain in the prior month.
2021-10-14
Finnish Inflation Rate at 3-Month High of 2.2%
The annual inflation rate in Finland increased to 2.2 percent in August 2021 from 1.9 percent in the previous month. It was the highest inflation rate since May, due mainly to a faster rise in prices of both housing & utilities (4.0 percent vs 2.8 percent in July) and transport (6.6 percent vs 6.2 percent), while those of food and non-alcoholic beverages rose by 0.5 percent, after a flat reading in July. Also, prices increased more for recreation & culture (0.9 percent vs 0.4 percent). On the other hand, inflation was steady for both alcoholic beverages & tobacco (at 4.3 percent) and education (at 1.7 percent). In contrast, prices fell for furnishings (-1.0 percent vs -0.1 percent), clothing & footwear (-3.1 percent vs -2.1 percent). On a monthly basis, consumer prices were up 0.2 percent in August, easing from a 0.3 percent rise in the prior month.
2021-09-14
Finnish July Inflation Rate at 4-Month Low of 1.9%
The annual inflation rate in Finland inched down to 1.9 percent in July 2021 from 2.0 percent in the previous month. It was the lowest inflation rate since March, due to a softer rise in prices of recreation & culture (0.4 percent vs 1.6 percent), alcoholic beverages & tobacco (4.3 percent vs 4.8 percent), while education inflation was steady (at 1.7 percent). Meantime, prices continued to increase for housing & utilities (2.8 percent vs 2.3 percent in June), transport (6.2 percent vs 5.7 percent), while those of food and non-alcoholic beverages were unchanged (vs -0.4 percent). In addition, prices of furnishings edged down (-0.1 percent vs 0.1 percent), while those of clothing & footwear fell more (-2.1 percent vs -1.9 percent). On a monthly basis, consumer prices were up 0.3 percent in July, rebounding from a 0.1 percent drop in the prior month.
2021-08-13
Finnish Inflation Rate at 3-Month Low of 2%
The annual inflation rate in Finland declined to 2.0 percent in June 2021 from 2.2 percent in the previous month. It was the lowest inflation rate since March, due to a softer rise in prices of transport (5.7 percent vs 7.2 percent). Upward pressure also came from: housing & utilities (2.3 percent vs 2.2 percent in May), recreation & culture (1.6 percent vs 1.5 percent), alcoholic beverages & tobacco (4.8 percent vs 4.8 percent), education (1.7 percent vs 1.7 percent) and furnishings (0.1 percent vs -0.3 percent). In addition, prices of food and non-alcoholic beverages fell (-0.4 percent vs 0.5 percent), while those of clothing & footwear dropped more (-1.9 percent vs -0.5 percent). On a monthly basis, consumer prices edged down 0.1 percent in June, reversing from a 0.2 percent rise in the prior month.
2021-07-14

Finland Last Unit Reference Previous Highest Lowest
Inflation Rate 2.50 percent Sep/21 2.20 19.31 -1.54
Inflation Rate Mom 0.30 percent Sep/21 0.20 0.63 -0.70
Consumer Price Index CPI 106.30 points Sep/21 106.00 106.30 5.10
Harmonised Consumer Prices 106.30 points Sep/21 106.00 106.30 71.20
GDP Deflator 107.51 points Jun/21 106.88 107.51 25.92
Producer Prices 117.20 points Aug/21 115.50 1566.00 86.20
Producer Prices Change 15.50 percent Aug/21 14.80 15.50 -9.70
Export Prices 117.30 points Aug/21 115.60 118.20 93.70
Import Prices 117.10 points Aug/21 116.50 117.10 76.00
Food Inflation 0.60 percent Sep/21 0.50 10.70 -6.20
CPI Transportation 108.60 points Sep/21 109.80 109.80 97.50
CPI Housing Utilities 154.01 points Sep/21 153.26 154.01 96.47
Wholesale Prices 2543.00 points Aug/21 2519.00 2543.00 106.00


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.