The annual inflation rate in Finland increased to 2.1 percent in April 2021 from 1.3 percent in the previous month. It was the highest inflation rate since December 2012, due mainly to a faster rise in prices of housing & utilities (1.7 percent vs 1.6 percent in March), transport (7.5 percent vs 5.4 percent) and food and non-alcoholic beverages (0.8 percent vs 0.5). Also, prices advanced more for alcoholic beverages & tobacco (4.7 percent vs 4.6 percent), education (1.7 percent vs 1.5 percent), while rebounded for both clothing & footwear (0.5 percent vs -2.3 percent) and recreation & culture prices (0.8 percent vs -0.2 percent). By contrast, prices fell further for furnishings (-1.3 percent vs -2.3 percent). On a monthly basis, consumer prices were up 0.4 percent in April, accelerating 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 May of 2021.

Inflation Rate in Finland is expected to be 1.70 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 1.20 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.

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Finland Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.10 1.30 19.31 -1.54 1961 - 2021 percent Monthly
2015=100; NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-19 06:00 AM Jan 0.9% 0.2% 0.9%
2021-03-15 06:00 AM Feb 0.9% 0.9% 1%
2021-04-14 05:00 AM Mar 1.3% 0.9% 1.3%
2021-05-14 05:00 AM Apr 2.1% 1.3% 2%
2021-06-15 05:00 AM May 2.1%
2021-07-14 05:00 AM Jun
2021-08-13 05:00 AM Jul
2021-09-14 05:00 AM Aug


News Stream
Finnish Inflation Rate at Over 9-Year High of 2.1%
The annual inflation rate in Finland increased to 2.1 percent in April 2021 from 1.3 percent in the previous month. It was the highest inflation rate since December 2012, due mainly to a faster rise in prices of housing & utilities (1.7 percent vs 1.6 percent in March), transport (7.5 percent vs 5.4 percent) and food and non-alcoholic beverages (0.8 percent vs 0.5). Also, prices advanced more for alcoholic beverages & tobacco (4.7 percent vs 4.6 percent), education (1.7 percent vs 1.5 percent), while rebounded for both clothing & footwear (0.5 percent vs -2.3 percent) and recreation & culture prices (0.8 percent vs -0.2 percent). By contrast, prices fell further for furnishings (-1.3 percent vs -2.3 percent). On a monthly basis, consumer prices were up 0.4 percent in April, accelerating from a 0.2 percent rise in the prior month.
2021-05-14
Finnish Inflation Rate at 23-Month High of 1.3%
The annual inflation rate in Finland increased to 1.3 percent in March 2021 from 0.9 percent in the previous month. It was the highest inflation rate since April 2019, due mainly to a faster rise in prices of both housing & utilities (1.6 percent vs 1.2 percent in February) and transport (5.4 percent vs 2.7 percent), while prices of for food and non-alcoholic beverages rebounded sharply (0.5 percent vs -0.2). Meantime, alcoholic beverages & tobacco inflation eased (4.6 percent vs 4.7 percent), while education inflation was steady (vs 1.5 percent). On the other hand, prices fell further for recreation & culture (-0.2 percent vs -0.1 percent), clothing & footwear (-2.3 percent vs -2.4 percent) and furnishings (-2.3 percent vs -1.0 percent). On a monthly basis, consumer prices rose 0.2 percent in March, the least since last December, easing from a 0.4 percent growth in the prior month.
2021-04-14
Finnish Inflation Rate Stays at 1-Year High
The annual inflation rate in Finland stood at 0.9 percent in February 2021, unchanged from the previous month. It remained the highest inflation rate since January last year, due mainly to a faster rise in prices of both housing & utilities (1.2 percent vs 0.4 percent in January) and transport (2.7 percent vs 1.1 percent). Meantime, alcoholic beverages & tobacco inflation eased (4.7 percent vs 5.1 percent), while education inflation was steady (at 1.5 percent). At the same time, prices fell for food and non-alcoholic beverages (-0.2 percent vs 0.4), recreation & culture (-0.1 percent vs 0.4 percent), clothing & footwear (-2.4 percent vs 1.0 percent) and furnishings (-1.0 percent vs -1.2 percent). On a monthly basis, consumer prices were up 0.4 percent in February, the most since last July, after a 0.3 percent gain in the prior month.
2021-03-15
Finnish Inflation Rate at A-Year High of 0.9%
The annual inflation rate in Finland increased to a 12-month high of 0.9 percent in January 2021 from 0.2 percent in the previous five months, due mainly to a rise in prices of housing & utilities (0.4 percent, after being flat in December), while those of food and non-alcoholic beverages prices rose faster (0.4 percent vs 0.2). Also, prices increased more for both alcoholic beverages & tobacco (5.1 percent vs 3.3 percent) and education (1.5 percent vs 1.0 percent). At the same time, prices rebounded for transport (1.1 percent vs -0.8 percent), recreation & culture (0.4 percent vs -0.3 percent), and clothing & footwear (1.0 percent vs -1.4 percent). In addition, prices of furnishings fell less (-1.2 percent vs -1.3 percent). On a monthly basis, consumer prices were up 0.3 percent in January, the most since last July, after a 0.1 percent rise in December 2020.
2021-02-19

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.