Finland’s Inflation Slows to 1.0% in January as Price Pressures Ease

Finland’s annual inflation rate fell to 1.0 percent in January 2026, down from 1.7 percent in December, according to data released by Statistics Finland on Wednesday.

The modest rise in consumer prices was driven mainly by higher education costs, which climbed by 11 percent compared with a year earlier. Food prices also increased by around two percent, while the cost of alcoholic beverages and tobacco rose by just over three percent.

These increases were partly offset by stable prices in several key sectors. Transportation, health care, and housing costs showed little change, helping to keep overall inflation at a relatively low level.

Statistics Finland also reported figures based on the Harmonised Index of Consumer Prices (HICP), which is used to compare inflation across EU member states. The HICP excludes some price categories, including mortgage interest rates.

As a result, the recent decline in mortgage interest rates in Finland is not reflected in the EU-harmonised inflation figure.