Slight decrease in inflation in January 2023

Current inflation rate in Finland can be found from our website in the section:
"Key indicators of the development of the Finnish economy"

Inflation in Finland

According to Statistics Finland the year-on-year change in consumer prices was 8,4% in January. In December, inflation stood at 9,1%. The decrease in inflation from December to January was caused by a milder rise in electricity prices.

Comparing with the same period one year ago, consumer prices were raised most by increases in the prices of electricity, average interest rate on housing loans and consumer credits as well as increases in the prices of diesel.

Increasing of consumer prices from one year back was curbed most by reductions in the prices of real estates and non-refundable prescription medicines.

Source: You can find full statistic data at Statistics Finland website.

Published 20.02.2023, FINREPO

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