Inflation Finland 1989
Average inflation: 6.6%
Current Inflation
Inflation is very high at 6.6%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 7.1%. The lowest inflation was in January at 5.8%.
- Highest month
- October: 7.1%
- Lowest month
- January: 5.8%
- Difference
- 1.3 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 3.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 3.6%.
- Highest increase
- Food and non-alcoholic beverages: 3.6%
- Lowest increase
- Food and non-alcoholic beverages: 3.6%
Historical Context
Current inflation is 1.8% higher than the 5-year average of 4.8%.
- 5-year average
- 4.8%
- 10-year average
- 7.2%
- All-time high (1975)
- 17.8%
- All-time low (1970)
- 2.7%
Trend
Inflation shows an upward trend. Compared to 1988, inflation has risen by +1.5 percentage point.
- Change vs. previous year
- +1.5 percentage points
- Largest monthly swing
- April: +2.6 percentage points
ECB Target
Inflation is 4.6% 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 €106.60 next year at this inflation rate.
Multi-year trend
Monthly figures 1989
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1988 |
|---|---|---|
| January | 5.8% | +1.6 |
| February | 6.0% | +1.9 |
| March | 6.6% | +2.6 |
| April | 6.9% | +2.6 |
| May | 6.4% | +1.3 |
| June | 6.8% | +1.6 |
| July | 6.7% | +1.4 |
| August | 6.6% | +1.4 |
| September | 6.8% | +1.2 |
| October | 7.1% | +1.6 |
| November | 6.8% | +0.9 |
| December | 6.6% | +0.1 |
| Average | 6.6% |
Data source
Data from OECD. Last updated: 20/12/2025.