Inflation Finland 1978
Average inflation: 7.9%
Current Inflation
Inflation is very high at 7.9%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 9.9%. The lowest inflation was in August at 6.3%.
- Highest month
- February: 9.9%
- Lowest month
- August: 6.3%
- Difference
- 3.6 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 4.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 4.6%.
- Highest increase
- Food and non-alcoholic beverages: 4.6%
- Lowest increase
- Food and non-alcoholic beverages: 4.6%
Historical Context
Current inflation is 5.9% lower than the 5-year average of 13.8%.
- 5-year average
- 13.8%
- 10-year average
- 9.8%
- All-time high (1975)
- 17.8%
- All-time low (1959)
- 1.5%
Trend
Inflation shows a downward trend. Compared to 1977, inflation has fallen by +3.9 percentage point.
- Change vs. previous year
- -3.9 percentage points
- Largest monthly swing
- August: -6.1 percentage points
ECB Target
Inflation is 5.9% 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 €107.90 next year at this inflation rate.
Multi-year trend
Monthly figures 1978
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1977 |
|---|---|---|
| January | 9.6% | -2.0 |
| February | 9.9% | -1.4 |
| March | 8.8% | -2.8 |
| April | 8.6% | -3.0 |
| May | 8.8% | -4.0 |
| June | 7.9% | -5.5 |
| July | 7.5% | -4.6 |
| August | 6.3% | -6.1 |
| September | 6.5% | -5.4 |
| October | 6.7% | -4.6 |
| November | 7.1% | -3.7 |
| December | 6.5% | -4.3 |
| Average | 7.9% |
Data source
Data from OECD. Last updated: 20/12/2025.