Inflation Finland 1973

Average inflation: 10.7%

Current Inflation

Inflation is very high at 10.7%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 14.1%. The lowest inflation was in April at 8.0%.

Highest month
December: 14.1%
Lowest month
April: 8.0%
Difference
6.1 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 11.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 11.9%.

Highest increase
Food and non-alcoholic beverages: 11.9%
Lowest increase
Food and non-alcoholic beverages: 11.9%

Historical Context

Current inflation is 4.9% higher than the 5-year average of 5.8%. This approaches the highest level since records began (11.6% in 1956).

5-year average
5.8%
10-year average
6.3%
All-time high (1956)
11.6%
All-time low (1959)
1.5%

Trend

Inflation shows an upward trend. Compared to 1972, inflation has risen by +4.0 percentage point.

Change vs. previous year
+4.0 percentage points
Largest monthly swing
December: +7.5 percentage points

ECB Target

Inflation is 8.7% 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 €110.70 next year at this inflation rate.

Multi-year trend

Monthly figures 1973

Inflation by category

Food and non-alcoholic beverages
11.9%
+1.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1972
January 8.7% +2.3
February 8.5% +2.0
March 8.4% +1.8
April 8.0% +0.4
May 8.8% +0.8
June 9.5% +3.1
July 11.3% +4.5
August 12.6% +6.4
September 12.8% +6.8
October 13.0% +6.8
November 12.8% +6.2
December 14.1% +7.5
Average 10.7%

Data source

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

See also