Inflation Finland 1993

Average inflation: 2.2%

Inflation in 1993

Inflation is normal at 2.2%, around the ECB target.

Peak and Trough

The highest inflation was in January at 2.9%. The lowest inflation was in November at 1.3%.

Highest month
January: 2.9%
Lowest month
November: 1.3%
Difference
1.6 percentage points
Months with data
12 of 12

Historical Context

Inflation is 2.2 percentage points lower than the 5-year average of 4.4%. This approaches the lowest level since records began (2.2% in 1993).

5-year average
4.4%
10-year average
4.7%
All-time high (1975)
17.8%
All-time low (1993)
2.2%

Trend

Over the period 1991-1993, inflation shows a downward trend. Compared to 1992, inflation has fallen by 0.7 percentage points.

Change vs. previous year
-0.7 percentage points
Largest monthly swing
November: -1.8 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €102.20 next year at this inflation rate.

Multi-year trend

Monthly figures 1993

Inflation by category

Food and non-alcoholic beverages
-0.6%
-2.8 vs avg.

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

Month overview

Month Inflation Difference vs. 1992
January 2.9% -0.2
February 2.9% 0.0
March 2.7% -0.3
April 2.6% -0.4
May 2.6% 0.0
June 2.1% -0.9
July 2.1% -0.8
August 2.1% -0.7
September 1.8% -1.3
October 1.6% -1.6
November 1.3% -1.8
December 1.5% -0.8
Average 2.2%

Data source

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

See also