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. source: Statistics Finland
Inflation Rate in Finland averaged 4.59 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 July of 2021.
Inflation Rate in Finland is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Finland to stand at 1.00 in 12 months time. 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.