Inflation Finland 1997

Average inflation: 1.2%

Current Inflation

Inflation is low at 1.2%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in November at 1.9%. The lowest inflation was in February at 0.3%.

Highest month
November: 1.9%
Lowest month
February: 0.3%
Difference
1.6 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 0.4%. The lowest price increase was in Food and non-alcoholic beverages with an average of 0.4%.

Highest increase
Food and non-alcoholic beverages: 0.4%
Lowest increase
Food and non-alcoholic beverages: 0.4%

Historical Context

Current inflation is around the 5-year average of 1.2%.

5-year average
1.2%
10-year average
3.1%
All-time high (1980)
11.6%
All-time low (1996)
0.6%

Trend

Inflation has remained relatively stable. Compared to 1996, the difference is minimal (+0.6 percentage point).

Change vs. previous year
+0.6 percentage points
Largest monthly swing
August: +1.1 percentage points

ECB Target

Inflation is 0.8% 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 €101.20 next year at this inflation rate.

Multi-year trend

Monthly figures 1997

Inflation by category

Food and non-alcoholic beverages
0.4%
-0.8vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1996
January 0.7% +0.3
February 0.3% -0.2
March 0.5% -0.1
April 0.9% +0.2
May 0.9% +0.1
June 1.1% +0.7
July 1.2% +0.7
August 1.6% +1.1
September 1.6% +1.0
October 1.7% +0.9
November 1.9% +1.1
December 1.9% +0.9
Average 1.2%

Data source

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

See also