Inflation Finland 2016

Average inflation: 0.4%

Current Inflation

Inflation is very low at 0.4%, well below the ECB target.

Peak and Trough

The highest inflation was in December at 1.0%. The lowest inflation was in February at -0.1%.

Highest month
December: 1.0%
Lowest month
February: -0.1%
Difference
1.1 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Health with an average of 6.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of -1.1%.

Highest increase
Health: 6.9%
Lowest increase
Food and non-alcoholic beverages: -1.1%

Historical Context

Current inflation is 0.7% lower than the 5-year average of 1.1%.

5-year average
1.1%
10-year average
1.7%
All-time high (2008)
4.1%
All-time low (2015)
-0.2%

Trend

Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+0.6 percentage point).

Change vs. previous year
+0.6 percentage points
Largest monthly swing
December: +1.2 percentage points

ECB Target

Inflation is 1.6% 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 €100.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2016

Inflation by category

Food and non-alcoholic beverages
-1.1%
-1.5vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.0%
+0.6vs avg.
More details →
Clothing and footwear
-0.6%
-1.0vs avg.
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Housing, water, electricity, gas and other fuels
0.6%
+0.2vs avg.
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Furnishings, household equipment and maintenance
-0.3%
-0.7vs avg.
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Health
6.9%
+6.5vs avg.
More details →
Transport
-0.2%
-0.6vs avg.
More details →
Communication
0.9%
+0.5vs avg.
More details →
Recreation and culture
-0.6%
-1.0vs avg.
More details →
Education
2.4%
+2.0vs avg.
More details →
Restaurants and hotels
1.7%
+1.3vs avg.
More details →
Miscellaneous goods and services
-0.2%
-0.6vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2015
January 0.0% +0.2
February -0.1% +0.1
March 0.0% +0.1
April 0.3% +0.5
May 0.3% +0.3
June 0.4% +0.5
July 0.5% +0.7
August 0.4% +0.6
September 0.4% +1.0
October 0.5% +0.8
November 0.7% +0.9
December 1.0% +1.2
Average 0.4%

Data source

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

See also