Inflation Finland 1983
Average inflation: 8.4%
Inflation in 1983
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
Historical Context
Inflation is 1.3 percentage points 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
Over the period 1981-1983, inflation shows a downward trend. Compared to 1982, inflation has fallen by 1.2 percentage points.
- Change vs. previous year
- -1.2 percentage points
- Largest monthly swing
- May: -3.5 percentage points
ECB Target
Inflation is 6.4 percentage points 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
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.