Finland's annual inflation rate increased to 1.5 percent in October 2018 from 1.3 percent the previous month. It was the highest inflation rate since March 2016, when prices showed no growth. Prices rose faster for both housing & utilities (2.1 percent vs 1.7 percent in September) and transport (2.3 percent vs 1.5 percent) while furnishings & household equipment prices rebounded (0.3 percent vs -0.3 percent). Meantime, prices went up at a softer pace for food & non-alcoholic beverages (2.6 percent vs 2.8 percent) and restaurants and hotels (1.8 percent vs 2.1 percent). On the other hand, prices fell for recreation and culture (-0.1 percent vs 0.1 percent) while prices continued to decline for miscellaneous goods & services (-0.1 percent, the same pace as in the prior month). On a monthly basis, consumer prices went up 0.2 percent, the same pace as in September. Inflation Rate in Finland averaged 4.76 percent from 1961 until 2018, 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.

Finland Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-14 06:00 AM Inflation Rate YoY 1.3% 1.4% 1.3%
2018-10-15 06:00 AM Inflation Rate YoY 1.3% 1.3% 1.2%
2018-11-14 07:00 AM Inflation Rate YoY 1.5% 1.3% 1.5%
2018-12-14 07:00 AM Inflation Rate YoY 1.5% 1.6%


Finland Prices Last Previous Highest Lowest Unit
Inflation Rate 1.50 1.30 19.31 -1.54 percent [+]
Inflation Rate Mom 0.20 0.20 0.63 -0.70 percent [+]
Harmonised Consumer Prices 103.00 102.80 103.00 71.20 Index Points [+]
Consumer Price Index CPI 102.90 102.60 102.90 5.10 Index Points [+]
Core Consumer Prices 102.24 102.11 102.24 74.18 Index Points [+]
Core Inflation Rate 0.30 0.20 5.70 0.00 percent [+]
GDP Deflator 115.17 114.64 115.17 25.92 Index Points [+]
Producer Prices 2058.00 2055.00 2058.00 106.00 Index Points [+]
Producer Prices Change 5.90 6.20 7.80 -9.70 percent [+]
Export Prices 108.00 107.70 118.20 93.70 Index Points [+]
Import Prices 111.30 110.60 112.60 76.00 Index Points [+]
CPI Housing Utilities 146.02 145.34 146.02 96.47 Index Points [+]
CPI Transportation 104.60 104.10 104.80 97.50 Index Points [+]
Food Inflation 2.60 2.80 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.30 19.31 -1.54 1961 - 2018 percent Monthly
2015=100; NSA




Country Last
Argentina 45.50 Oct/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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