Inflation Finland 2011

Average inflation: 3.4%

Current Inflation

Inflation is high at 3.4%, well above the ECB target.

Peak and Trough

The highest inflation was in July at 4.0%. The lowest inflation was in December at 2.9%.

Highest month
July: 4.0%
Lowest month
December: 2.9%
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 6.3%. The lowest price increase was in Communication with an average of -2.0%.

Highest increase
Food and non-alcoholic beverages: 6.3%
Lowest increase
Communication: -2.0%

Historical Context

Current inflation is 1.2% higher than the 5-year average of 2.2%.

5-year average
2.2%
10-year average
1.6%
All-time high (2008)
4.1%
All-time low (2009)
0%

Trend

Inflation shows an upward trend. Compared to 2010, inflation has risen by +2.2 percentage point.

Change vs. previous year
+2.2 percentage points
Largest monthly swing
February: +3.3 percentage points

ECB Target

Inflation is 1.4% 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 €103.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2011

Inflation by category

Food and non-alcoholic beverages
6.3%
+2.9vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
0.8%
-2.6vs avg.
More details →
Clothing and footwear
1.3%
-2.1vs avg.
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Housing, water, electricity, gas and other fuels
6.3%
+2.9vs avg.
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Furnishings, household equipment and maintenance
2.3%
-1.1vs avg.
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Health
0.8%
-2.6vs avg.
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Transport
3.9%
+0.5vs avg.
More details →
Communication
-2.0%
-5.4vs avg.
More details →
Recreation and culture
-0.3%
-3.7vs avg.
More details →
Education
3.2%
-0.2vs avg.
More details →
Restaurants and hotels
2.5%
-0.9vs avg.
More details →
Miscellaneous goods and services
3.6%
+0.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2010
January 3.0% +3.2
February 3.3% +3.3
March 3.3% +2.7
April 3.2% +2.2
May 3.3% +2.3
June 3.5% +2.7
July 4.0% +3.2
August 3.8% +2.8
September 3.7% +2.3
October 3.5% +1.1
November 3.4% +0.9
December 2.9% 0.0
Average 3.4%

Data source

Data from OECD. Last updated: 11/01/2026.

See also