Inflation Finland 1988

Average inflation: 5.1%

Current Inflation

Inflation is very high at 5.1%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 6.5%. The lowest inflation was in March at 4.0%.

Highest month
December: 6.5%
Lowest month
March: 4.0%
Difference
2.5 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 1.8%. The lowest price increase was in Food and non-alcoholic beverages with an average of 1.8%.

Highest increase
Food and non-alcoholic beverages: 1.8%
Lowest increase
Food and non-alcoholic beverages: 1.8%

Historical Context

Current inflation is around the 5-year average of 4.9%.

5-year average
4.9%
10-year average
7.3%
All-time high (1975)
17.8%
All-time low (1969)
2.2%

Trend

Inflation shows an upward trend. Compared to 1987, inflation has risen by +1.0 percentage point.

Change vs. previous year
+1.0 percentage points
Largest monthly swing
December: +2.3 percentage points

ECB Target

Inflation is 3.1% 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 €105.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1988

Inflation by category

Food and non-alcoholic beverages
1.8%
-3.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1987
January 4.2% +0.7
February 4.1% +0.6
March 4.0% -0.1
April 4.3% +0.1
May 5.1% +0.6
June 5.2% +0.9
July 5.3% +1.1
August 5.2% +1.0
September 5.6% +1.4
October 5.5% +1.3
November 5.9% +1.8
December 6.5% +2.3
Average 5.1%

Data source

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

See also