FX.co ★ Finnish Inflation Rate Highest Since 2024

Finland’s annual inflation rate accelerated to 1.3% in March 2026, up from 0.6% in February and reaching its highest level since June 2024. The increase was largely driven by a rebound in housing and utilities prices (1.2% vs -0.2% in February) and a marked rise in transport costs (3.1% vs 0%), amid global energy market disruptions linked to the ongoing conflict in the Middle East.

By contrast, price pressures eased in several categories, including food and non-alcoholic beverages (0.5% vs 1.4%), furniture, household appliances and routine household maintenance (2.1% vs 3.9%), and restaurants and hotels (2.5% vs 2.6%). Deflation in clothing and footwear intensified (-0.9% vs -0.1%), while inflation for alcoholic beverages and tobacco held steady at 3.6%.

On a monthly basis, consumer price growth slowed to 0.7%, down from 1.1% in February, when it had reached a more than three-year high. Meanwhile, harmonized consumer prices rose 2.5% year-on-year in March, up from 1.8% in the previous month and marking their highest reading since September 2023.