Inflation in Finland
Harmonized consumer price inflation averaged 1.8% in the ten years to 2024. The 2024 average figure was 1.0%. For more inflation information, visit our dedicated page.
Finland Inflation Chart
Note: This chart displays Inflation (HICP, ann. var. %, aop) for Finland from 2024 to 2023.
Source: Macrobond.
Finland Inflation Data
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Inflation (HICP, ann. var. %, aop) | 0.4 | 2.1 | 7.2 | 4.3 | 1.0 |
Inflation (CPI, ann. var. %, eop) | 0.2 | 3.5 | 9.1 | 3.6 | 0.7 |
Inflation (CPI, ann. var. %, aop) | 0.3 | 2.2 | 7.1 | 6.3 | 1.6 |
Inflation (HICP, ann. var. %, eop) | 0.2 | 3.2 | 8.8 | 1.3 | 1.6 |
Inflation (PPI, ann. var. %, aop) | -4.6 | 12.7 | 24.2 | -3.9 | -2.3 |
Harmonized inflation moderates in June
Latest reading: Harmonized inflation ticked down to 1.9% in June, following May’s 2.0%. The result was primarily driven by a more moderate rise in prices for food and non-alcoholic beverages. In addition, price pressures for housing and utilities declined for the first time in four months in June. Annual average harmonized inflation rose to 1.5% in June (May: 1.4%). Meanwhile, consumer price inflation fell to 0.2% in June from May’s 0.5%. Lastly, harmonized consumer prices dropped 0.18% in June over the previous month, swinging from May's 0.08% rise. June's result marked the weakest reading since November 2024.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Finnish inflation projections for the next ten years from a panel of 15 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Finnish inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Finnish inflation projections.
Want to get access to the full dataset of Finnish inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
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Australia: Inflation declines to lowest level since March 2021 in June Latest reading: Inflation edged down to 1.9% in June, which followed May’s 2.1%. June’s reading represented the weakest inflation rate... -
Kuwait: Inflation increases in June Latest reading: Inflation came in at 2.3% in June, which was up from May’s 2.2%. The reading was driven by... -
Malaysia: Inflation drops to lowest level since February 2021 in June Latest reading: Inflation dipped to 1.1% in June, down from May’s 1.2% and representing the lowest inflation rate in over... -
Japan: Inflation drops to lowest level since November 2024 in June Latest reading: Inflation came in at 3.3% in June, down from May’s 3.5%. June’s result represented the weakest inflation rate... -
New Zealand: Inflation ticks up in Q2 Latest reading: Inflation rose to 2.7% in Q2 2025 from 2.5% in Q1, slightly below market expectations and within the... -
Hong Kong: Inflation declines to lowest level since March in June Latest reading: Inflation came in at 1.5% in June, which was down from May’s 1.9%. June’s figure represented the weakest... -
Austria: Harmonized inflation increases in June Latest reading: Harmonized inflation edged up to 3.2% in June, above May’s 3.0%. The uptick was broad-based, with greater price...