13.11.202606:21:34UTC+00Finland Inflation Rises to 3.1% in October

Finland’s annual inflation rate accelerated to 3.1% in October 2026, up from 2.5% in September, reaching its highest level since January 2024. The increase was largely driven by higher prices for food and non-alcoholic beverages (2.6% vs 1.9% in September), housing and utilities (3.0% vs 1.6%), and transport (9.6% vs 8.9%).

Additional upward pressure came from recreation, sports and culture (1.8% vs 1.5%), furnishings, household equipment and routine household maintenance (3.1% vs 2.9%), and alcoholic beverages and tobacco (4.3% vs 3.8%).

By contrast, inflation eased in information and communication (3.4% vs 4.5%), restaurants and accommodation services (1.8% vs 2.0%), and health (2.3% vs 2.5%), while education costs were unchanged at 4.2%. Price declines moderated for clothing and footwear (-0.6% vs -0.9%), but deepened for personal care, social protection, and miscellaneous goods and services (-2.0% vs -1.9%).

On a monthly basis, consumer prices rose by 0.4% in October, slowing from a 0.7% increase in September.