Inflation in Finland has long been above the European Central Bank's target of 2%. The average inflation rate in Finland in 2012 was 2.8%
In December, consumer prices were pushed up most from the previous year by higher prices of food, transport, alcoholic beverages and tobacco. The cost of food went up most due to increases in the prices of meat, vegetables, dairy products and fruits.
Transport costs rose especially due to increases in the prices of public transport and fuel, and the raised vehicle tax.
Increases in prices of restaurant and café services and in rents similarly had a great impact on inflation. The rising of consumer prices was curbed most in December by falls in interest rates and prices for telecommunication services.
From November to December, consumer prices rose by 0.1 per cent.