Inflation Finland 2018

Average inflation: 1.1%

Current Inflation

Inflation is low at 1.1%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in October at 1.5%. The lowest inflation was in February at 0.6%.

Highest month
October: 1.5%
Lowest month
February: 0.6%
Difference
0.9 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 6.2%. The lowest price increase was in Communication with an average of -2.5%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 6.2%
Lowest increase
Communication: -2.5%

Historical Context

Current inflation is 0.5% higher than the 5-year average of 0.6%.

5-year average
0.6%
10-year average
1.2%
All-time high (2008)
4.1%
All-time low (2015)
-0.2%

Trend

Inflation has remained relatively stable. Compared to 2017, the difference is minimal (+0.4 percentage point).

Change vs. previous year
+0.4 percentage points
Largest monthly swing
October: +1.0 percentage points

ECB Target

Inflation is 0.9% 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 €101.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2018

Inflation by category

Food and non-alcoholic beverages
1.9%
+0.8vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
6.2%
+5.1vs avg.
More details →
Clothing and footwear
-1.2%
-2.3vs avg.
More details →
Housing, water, electricity, gas and other fuels
1.5%
+0.4vs avg.
More details →
Furnishings, household equipment and maintenance
-0.8%
-1.9vs avg.
More details →
Health
1.2%
+0.1vs avg.
More details →
Transport
0.9%
-0.2vs avg.
More details →
Communication
-2.5%
-3.6vs avg.
More details →
Recreation and culture
0.1%
-1.0vs avg.
More details →
Education
1.5%
+0.4vs avg.
More details →
Restaurants and hotels
2.4%
+1.3vs avg.
More details →
Miscellaneous goods and services
-0.6%
-1.7vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2017
January 0.8% 0.0
February 0.6% -0.6
March 0.8% 0.0
April 0.8% 0.0
May 1.0% +0.3
June 1.2% +0.5
July 1.4% +0.9
August 1.3% +0.6
September 1.3% +0.5
October 1.5% +1.0
November 1.3% +0.5
December 1.2% +0.7
Average 1.1%

Data source

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

See also