Inflation Finland 2002

Average inflation: 1.6%

Current Inflation

Inflation is low at 1.6%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in January at 2.3%. The lowest inflation was in September at 1.0%.

Highest month
January: 2.3%
Lowest month
September: 1.0%
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 2.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.9%.

Highest increase
Food and non-alcoholic beverages: 2.9%
Lowest increase
Food and non-alcoholic beverages: 2.9%

Historical Context

Current inflation is around the 5-year average of 2.0%.

5-year average
2%
10-year average
1.6%
All-time high (1983)
8.4%
All-time low (1996)
0.6%

Trend

Inflation shows a downward trend. Compared to 2001, inflation has fallen by +1.0 percentage point.

Change vs. previous year
-1.0 percentage points
Largest monthly swing
June: -2.0 percentage points

ECB Target

Inflation is 0.4% 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 €101.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2002

Inflation by category

Food and non-alcoholic beverages
2.9%
+1.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2001
January 2.3% -0.6
February 1.8% -1.0
March 1.8% -0.9
April 1.8% -1.2
May 1.3% -2.0
June 1.1% -2.0
July 1.7% -0.9
August 1.4% -1.1
September 1.0% -1.4
October 1.5% -0.6
November 1.6% -0.1
December 1.7% -0.1
Average 1.6%

Data source

Data from OECD. Last updated: 17/12/2025.

See also