Inflation Finland 1970

Average inflation: 2.7%

Current Inflation

Inflation is normal at 2.7%, around the ECB target.

Peak and Trough

The highest inflation was in March at 3.2%. The lowest inflation was in January at 2.2%.

Highest month
March: 3.2%
Lowest month
January: 2.2%
Difference
1.0 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 1.5%. The lowest price increase was in Food and non-alcoholic beverages with an average of 1.5%.

Highest increase
Food and non-alcoholic beverages: 1.5%
Lowest increase
Food and non-alcoholic beverages: 1.5%

Historical Context

Current inflation is 2.0% lower than the 5-year average of 4.7%.

5-year average
4.7%
10-year average
4.7%
All-time high (1968)
9.2%
All-time low (1969)
2.2%

Trend

Inflation shows a downward trend. Compared to 1969, inflation has fallen by +0.5 percentage point.

Change vs. previous year
+0.5 percentage points
Largest monthly swing
January: -2.1 percentage points

ECB Target

Inflation is 0.7% 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 €102.70 next year at this inflation rate.

Multi-year trend

Monthly figures 1970

Inflation by category

Food and non-alcoholic beverages
1.5%
-1.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1969
January 2.2% -2.1
February 2.4% -1.4
March 3.2% +1.3
April 2.6% +0.3
May 2.5% +0.2
June 2.7% +0.9
July 2.7% +1.0
August 2.9% +1.2
September 2.9% +1.2
October 2.9% +1.5
November 2.9% +1.2
December 3.1% +1.4
Average 2.7%

Data source

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

See also