Inflation Finland 1960

Average inflation: 3.4%

Current Inflation

Inflation is high at 3.4%, well above the ECB target.

Peak and Trough

The highest inflation was in July at 4.8%. The lowest inflation was in October at 1.9%.

Highest month
July: 4.8%
Lowest month
October: 1.9%
Difference
2.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of 4.3%. The lowest price increase was in Food and non-alcoholic beverages with an average of 4.3%.

Highest increase
Food and non-alcoholic beverages: 4.3%
Lowest increase
Food and non-alcoholic beverages: 4.3%

Historical Context

Current inflation is 3.3% lower than the 5-year average of 6.7%.

5-year average
6.7%
10-year average
6.7%
All-time high (1956)
11.6%
All-time low (1959)
1.5%

Trend

Inflation shows a downward trend. Compared to 1959, inflation has fallen by +1.9 percentage point.

Change vs. previous year
+1.9 percentage points
Largest monthly swing
August: +4.8 percentage points

ECB Target

Inflation is 1.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €103.40 next year at this inflation rate.

Multi-year trend

Monthly figures 1960

Inflation by category

Food and non-alcoholic beverages
4.3%
+0.9vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1959
January 2.9% +0.9
February 2.9% +0.9
March 3.8% +1.8
April 3.8% +2.8
May 3.8% +3.8
June 3.8% +3.8
July 4.8% +3.8
August 4.8% +4.8
September 3.8% +2.8
October 1.9% -1.0
November 1.9% -1.0
December 2.8% -0.1
Average 3.4%

Data source

Data from OECD. Last updated: 20/12/2025.

See also