Inflation Finland 1983

Average inflation: 8.4%

Current Inflation

Inflation is very high at 8.4%, far above the ECB target.

Peak and Trough

The highest inflation was in November at 9.9%. The lowest inflation was in March at 7.5%.

Highest month
November: 9.9%
Lowest month
March: 7.5%
Difference
2.4 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 6.8%. The lowest price increase was in Food and non-alcoholic beverages with an average of 6.8%.

Highest increase
Food and non-alcoholic beverages: 6.8%
Lowest increase
Food and non-alcoholic beverages: 6.8%

Historical Context

Current inflation is 1.3% lower than the 5-year average of 9.7%.

5-year average
9.7%
10-year average
11.7%
All-time high (1975)
17.8%
All-time low (1969)
2.2%

Trend

Inflation shows a downward trend. Compared to 1982, inflation has fallen by +1.2 percentage point.

Change vs. previous year
-1.2 percentage points
Largest monthly swing
May: -3.5 percentage points

ECB Target

Inflation is 6.4% 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 €108.40 next year at this inflation rate.

Multi-year trend

Monthly figures 1983

Inflation by category

Food and non-alcoholic beverages
6.8%
-1.6vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1982
January 8.1% -2.2
February 8.0% -2.2
March 7.5% -3.0
April 7.8% -2.3
May 7.5% -3.5
June 8.2% -1.9
July 7.8% -2.8
August 8.4% -1.4
September 9.4% +1.0
October 9.2% +1.6
November 9.9% +2.1
December 8.5% -0.4
Average 8.4%

Data source

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

See also