Inflation Finland 1963
Average inflation: 5.0%
Inflation in 1963
Inflation is very high at 5.0%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 6.0%. The lowest inflation was in July at 3.4%.
- Highest month
- October: 6.0%
- Lowest month
- July: 3.4%
- Difference
- 2.6 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 1.8 percentage points higher than the 5-year average of 3.2%.
- 5-year average
- 3.2%
- 10-year average
- 5.6%
- All-time high (1956)
- 11.6%
- All-time low (1959)
- 1.5%
Trend
Over the period 1961-1963, inflation shows an upward trend. Compared to 1962, inflation has risen by 0.6 percentage points.
- Change vs. previous year
- +0.6 percentage points
- Largest monthly swing
- January: +3.6 percentage points
ECB Target
Inflation is 3.0 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €105 next year at this inflation rate.
Multi-year trend
Monthly figures 1963
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1962 |
|---|---|---|
| January | 5.4% | +3.6 |
| February | 5.4% | +3.6 |
| March | 5.3% | +2.6 |
| April | 5.3% | +1.7 |
| May | 5.3% | +1.7 |
| June | 4.3% | -0.2 |
| July | 3.4% | -2.1 |
| August | 4.3% | -1.2 |
| September | 5.2% | -0.3 |
| October | 6.0% | +0.6 |
| November | 5.1% | -1.2 |
| December | 5.1% | -1.2 |
| Average | 5.0% |
Data source
Data from OECD. Last updated: 20/12/2025.