Finland's consumer price inflation rises to 2.5 per cent on fuel and heating oil

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Finland's consumer price inflation rises to 2.5 per cent on fuel and heating oil

14 October 2026

Statistics Finland has reported that year-on-year inflation measured by the Consumer Price Index was 2.5 per cent, up from 2.2 per cent the previous month. Prices rose 0.7 per cent from the previous month, while core inflation excluding food and energy was 1.5 per cent. Petrol 95 E 10, diesel EN 590 and heating oils pushed inflation up the most. Electricity, owner-occupied flats and redemption of documents curbed it. The Harmonised Index of Consumer Prices stood at 103.05 with a year-on-year change of 2.7 per cent, against 3.8 per cent for the euro area.

Consumer price inflation: 2.5 per cent Core inflation: 1.5 per cent Harmonised index point figure: 103.05 Euro area inflation: 3.8 per cent

Why it matters for exams: The HICP is the price measure used across the euro area, and examiners ask what it stands for and who compiles it.

UPSCSSCBank

14 October 2026 Source: Statistics Finland

In plain words

HICP Harmonised Index of Consumer Prices — The common price index that lets inflation be compared across European Union countries.

Core inflation Inflation excluding food and energy — A measure that leaves out the most volatile prices to show the underlying trend.