Inflation Finland 1964

Average inflation: 10.3%

Current Inflation

Inflation is very high at 10.3%, far above the ECB target.

Peak and Trough

The highest inflation was in June at 11.7%. The lowest inflation was in October at 8.9%.

Highest month
June: 11.7%
Lowest month
October: 8.9%
Difference
2.8 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 12.0%. The lowest price increase was in Food and non-alcoholic beverages with an average of 12.0%.

Highest increase
Food and non-alcoholic beverages: 12.0%
Lowest increase
Food and non-alcoholic beverages: 12.0%

Historical Context

Current inflation is 5.3% higher than the 5-year average of 5.0%.

5-year average
5%
10-year average
6.1%
All-time high (1956)
11.6%
All-time low (1959)
1.5%

Trend

Inflation shows an upward trend. Compared to 1963, inflation has risen by +5.3 percentage point.

Change vs. previous year
+5.3 percentage points
Largest monthly swing
July: +8.3 percentage points

ECB Target

Inflation is 8.3% 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 €110.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1964

Inflation by category

Food and non-alcoholic beverages
12.0%
+1.7vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1963
January 9.3% +3.9
February 10.2% +4.8
March 10.1% +4.8
April 10.0% +4.7
May 10.8% +5.5
June 11.7% +7.4
July 11.7% +8.3
August 10.7% +6.4
September 10.7% +5.5
October 8.9% +2.9
November 9.7% +4.6
December 9.7% +4.6
Average 10.3%

Data source

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

See also