Inflation Finland 2017
Average inflation: 0.7%
Current Inflation
Inflation is very low at 0.7%, well below the ECB target.
Peak and Trough
The highest inflation was in February at 1.2%. The lowest inflation was in July at 0.5%.
- Highest month
- February: 1.2%
- Lowest month
- July: 0.5%
- Difference
- 0.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 3.0%. The lowest price increase was in Communication with an average of -1.8%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 3.0%
- Lowest increase
- Communication: -1.8%
Historical Context
Current inflation is around the 5-year average of 0.7%.
- 5-year average
- 0.7%
- 10-year average
- 1.5%
- All-time high (2008)
- 4.1%
- All-time low (2015)
- -0.2%
Trend
Inflation has remained relatively stable. Compared to 2016, the difference is minimal (+0.3 percentage point).
- Change vs. previous year
- +0.3 percentage points
- Largest monthly swing
- February: +1.3 percentage points
ECB Target
Inflation is 1.3% 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 €100.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 0.8% | +0.8 |
| February | 1.2% | +1.3 |
| March | 0.8% | +0.8 |
| April | 0.8% | +0.5 |
| May | 0.7% | +0.4 |
| June | 0.7% | +0.3 |
| July | 0.5% | 0.0 |
| August | 0.7% | +0.3 |
| September | 0.8% | +0.4 |
| October | 0.5% | 0.0 |
| November | 0.8% | +0.1 |
| December | 0.5% | -0.5 |
| Average | 0.7% |
Data source
Data from OECD. Last updated: 11/01/2026.