Inflation Finland 2019

Average inflation: 1.0%

Current Inflation

Inflation is low at 1.0%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in April at 1.5%. The lowest inflation was in October at 0.7%.

Highest month
April: 1.5%
Lowest month
October: 0.7%
Difference
0.8 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 3.8%. The lowest price increase was in Recreation and culture with an average of -0.5%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 3.8%
Lowest increase
Recreation and culture: -0.5%

Historical Context

Current inflation is around the 5-year average of 0.6%. This approaches the highest level since records began (1.1% in 2018).

5-year average
0.6%
10-year average
0.7%
All-time high (2018)
1.1%
All-time low (2015)
-0.2%

Trend

Inflation has remained relatively stable. Compared to 2018, the difference is minimal (-0.1 percentage point).

Change vs. previous year
-0.1 percentage points
Largest monthly swing
October: -0.8 percentage points

ECB Target

Inflation is 1.0% 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 €101.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2019

Inflation by category

Food and non-alcoholic beverages
1.2%
+0.2vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
3.8%
+2.8vs avg.
More details →
Clothing and footwear
-0.5%
-1.5vs avg.
More details →
Housing, water, electricity, gas and other fuels
1.9%
+0.9vs avg.
More details →
Furnishings, household equipment and maintenance
0.2%
-0.8vs avg.
More details →
Health
0.9%
-0.1vs avg.
More details →
Transport
0.3%
-0.7vs avg.
More details →
Communication
-0.1%
-1.1vs avg.
More details →
Recreation and culture
-0.5%
-1.5vs avg.
More details →
Education
1.4%
+0.4vs avg.
More details →
Restaurants and hotels
2.2%
+1.2vs avg.
More details →
Miscellaneous goods and services
0.8%
-0.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2018
January 1.1% +0.3
February 1.3% +0.7
March 1.1% +0.3
April 1.5% +0.7
May 1.2% +0.2
June 1.0% -0.2
July 0.8% -0.6
August 1.1% -0.2
September 0.9% -0.4
October 0.7% -0.8
November 0.7% -0.6
December 0.9% -0.3
Average 1.0%

Data source

Data from OECD. Last updated: 13/01/2026.

See also