Inflation Finland 2008
Average inflation: 4.1%
Current Inflation
Inflation is high at 4.1%, well above the ECB target.
Peak and Trough
The highest inflation was in August at 4.7%. The lowest inflation was in December at 3.4%.
- Highest month
- August: 4.7%
- Lowest month
- December: 3.4%
- 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 8.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 8.6%.
- Highest increase
- Food and non-alcoholic beverages: 8.6%
- Lowest increase
- Food and non-alcoholic beverages: 8.6%
Historical Context
Current inflation is 2.3% higher than the 5-year average of 1.8%.
- 5-year average
- 1.8%
- 10-year average
- 1.8%
- All-time high (1989)
- 6.6%
- All-time low (2004)
- 0.2%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +1.6 percentage point.
- Change vs. previous year
- +1.6 percentage points
- Largest monthly swing
- August: +2.4 percentage points
ECB Target
Inflation is 2.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
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 €104.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 3.9% | +1.6 |
| February | 3.7% | +1.5 |
| March | 3.9% | +1.3 |
| April | 3.6% | +1.0 |
| May | 4.2% | +1.8 |
| June | 4.4% | +1.9 |
| July | 4.3% | +1.7 |
| August | 4.7% | +2.4 |
| September | 4.7% | +2.1 |
| October | 4.4% | +1.8 |
| November | 3.6% | +0.7 |
| December | 3.4% | +0.8 |
| Average | 4.1% |
Data source
Data from OECD. Last updated: 17/12/2025.