Inflation Finland 1994
Average inflation: 1.1%
Current Inflation
Inflation is low at 1.1%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in August at 1.9%. The lowest inflation was in January at 0.2%.
- Highest month
- August: 1.9%
- Lowest month
- January: 0.2%
- Difference
- 1.7 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 0.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 0.2%.
- Highest increase
- Food and non-alcoholic beverages: 0.2%
- Lowest increase
- Food and non-alcoholic beverages: 0.2%
Historical Context
Current inflation is 2.2% lower than the 5-year average of 3.3%. This approaches the lowest level since records began (1.1% in 1994).
- 5-year average
- 3.3%
- 10-year average
- 4.1%
- All-time high (1975)
- 17.8%
- All-time low (1994)
- 1.1%
Trend
Inflation shows a downward trend. Compared to 1993, inflation has fallen by +1.1 percentage point.
- Change vs. previous year
- -1.1 percentage points
- Largest monthly swing
- January: -2.7 percentage points
ECB Target
Inflation is 0.9% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1994
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1993 |
|---|---|---|
| January | 0.2% | -2.7 |
| February | 0.3% | -2.6 |
| March | 0.4% | -2.3 |
| April | 0.2% | -2.4 |
| May | 0.2% | -2.4 |
| June | 1.3% | -0.8 |
| July | 1.6% | -0.5 |
| August | 1.9% | -0.2 |
| September | 1.9% | +0.1 |
| October | 1.9% | +0.3 |
| November | 1.7% | +0.4 |
| December | 1.6% | +0.1 |
| Average | 1.1% |
Data source
Data from OECD. Last updated: 20/12/2025.