Development of inflation rates in Finland

The inflation rate in Finland moved over the past years between -0.2% and 12.0%. For 2016, an inflation rate of 0.4% was calculated.

During the observation period from 1980 to 2016, the average inflation rate was 3.4% per year. Overall, the price increase was 227.38 %. An item that cost 100 Euro in 1979 was 2016 so charged 327.38 Euro.

In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.

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