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Finland Inflation June 2022

Finland: Inflation comes in at highest level since our records began

Consumer prices rose 0.72% in June over the previous month, a smaller increase than May’s 1.31% increase. The cooling of price pressures was primarily due to a softer rise in prices for housing, water, electricity, gas and other fuels.

Inflation came in at 7.8% in June, which was up from May’s 7.0%. June’s result was the highest inflation rate since our current records began in 1990. Meanwhile, the trend pointed up, with annual average inflation coming in at 4.4% in June (May: 3.9%). Lastly, harmonized inflation rose to 8.1% in June, from the previous month’s 7.1%.

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