Inflation Finland 1998
Average inflation: 1.4%
Current Inflation
Inflation is low at 1.4%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in January at 1.9%. The lowest inflation was in December at 0.8%.
- Highest month
- January: 1.9%
- Lowest month
- December: 0.8%
- Difference
- 1.1 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 1.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 1.9%.
- Highest increase
- Food and non-alcoholic beverages: 1.9%
- Lowest increase
- Food and non-alcoholic beverages: 1.9%
Historical Context
Current inflation is around the 5-year average of 1.0%.
- 5-year average
- 1%
- 10-year average
- 2.7%
- All-time high (1980)
- 11.6%
- All-time low (1996)
- 0.6%
Trend
Inflation has remained relatively stable. Compared to 1997, the difference is minimal (+0.2 percentage point).
- Change vs. previous year
- +0.2 percentage points
- Largest monthly swing
- February: +1.6 percentage points
ECB Target
Inflation is 0.6% 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 €101.40 next year at this inflation rate.
Multi-year trend
Monthly figures 1998
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1997 |
|---|---|---|
| January | 1.9% | +1.2 |
| February | 1.9% | +1.6 |
| March | 1.8% | +1.3 |
| April | 1.8% | +0.9 |
| May | 1.5% | +0.6 |
| June | 1.5% | +0.4 |
| July | 1.1% | -0.1 |
| August | 1.1% | -0.5 |
| September | 1.3% | -0.3 |
| October | 1.1% | -0.6 |
| November | 0.9% | -1.0 |
| December | 0.8% | -1.1 |
| Average | 1.4% |
Data source
Data from OECD. Last updated: 20/12/2025.