In November, consumer prices rose 0.2% over the previous month, exactly half the 0.4% increase recorded in October. Food prices were up 0.9% from October, while prices for communication partially offset this rise, falling 0.7%. The rate of annual inflation stepped up from 2.3% in October to 2.5% in November. Annual HICP inflation (as measured by the harmonised index of consumer prices) rose from 2.3% in October to 2.4% in November, which drove the annual average HICP inflation rate up a notch to 1.6%. In its most recent Economic Outlook Bulletin published in October, the Central Bank projects inflation to average 1.6% this year and to accelerate further to an average of 1.9% next year.
Inflation edges up in November
December 14, 2010
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Finland Economic News
October 14, 2016
The current account posted a EUR 166 million deficit in August, according to Statistics Finland.
October 14, 2016
In August, economic activity fell a working-day adjusted 0.1% over the same month last year, according to the Monthly Trend Indicator of Output.
September 15, 2016
In July, economic activity expanded a working-day adjusted 1.5% over the same month last year, according to the Monthly Trend Indicator of Output.
September 6, 2016
The Finnish economy recorded flat growth in Q2 over the previous quarter in seasonally-adjusted terms, which represented a slowdown from Q1’s 0.3% expansion, according to preliminary data released by Statistics Finland on 6 September.
August 15, 2016
The current account posted a EUR 219 million deficit in June according to Statistics Finland.