The Consumer Price Index (CPI) based on prices in December 2025, is 665.8 points (May 1988=100), 1.15% higher than in the previous month. The CPI less housing cost is 531.0 points, 1.45% higher than in November 2025.
November discount deals are mostly over so there was an increase in various categories that decreased in November, including prices of chlothing and footwear which increased by 3.6% (effect on index 0.13%). The prices for hot water increased by 9.2% (0.18%) and prices of international flights increased by 28.8% (0.53%).
The CPI is 4.5% higher in December 2025 than in December 2024 and the CPI less housing cost is 3.8% higher than one year ago.
The average CPI in the year 2025 was 653.1 points, 4.1% higher than the average in 2024. This increase corresponds to a 5.9% rise in 2024 and 8.8% in 2023.
The average CPI less housing cost was 523.1 points in 2025, 3.0% higher than in 2024. This change can be compared with 3.8% in the year 2024 and 7.8% in 2023.
The CPI compiled in the middle of December 2025, 665.8 points, is applicable for indexation purposes in February 2026.
New tables for sub-indices in January 2026
As of January 2026, calculations of the Consumer Price Index (CPI) will be based on a classification system known as COICOP2018. This system is a new version of the previous COICOP classification, which has been in use since 1997.
General users of the Consumer Price Index will notice little change as a result of the update. The CPI will continue to be published on the same basis as before, and tables relating to the CPI and the CPI for financial indexation purposes will remain unchanged.
However, since some changes will be made to the subcategories of the index, new tables will be published to replace those containing sub-indices. It is planned that around 8 January the current tables for sub-indices will be moved to earlier tables and the new tables will be published instead, with reference data for the year 2025. Further information on the changes can be found under the link below.
New version of the classification system in the CPI