According to the Consumer Price Index by Statistics Finland, the prices of food (including beverages) increased by an average of 9.0% compared to the previous year in 2023. The average inflation rate for 2023 stood at 6.2%.
The year-on-year change in the prices of food and non-alcoholic beverages reached its peak in February of the previous year, at 16.3%. Since then, the rate of increase has slowed down.