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Finland Inflation March 2023

Finland: Harmonized inflation falls to lowest level since April 2022 in March

Harmonized inflation came in at 6.7% in March, down from February’s 7.9%. March’s result marked the weakest inflation rate since April 2022. The moderation was broad-based, with reduced price pressures recorded for food and non-alcoholic beverages, and housing and utilities.

The trend was unchanged, with annual average harmonized inflation coming in at February’s 7.8% in March. Meanwhile, consumer price inflation fell to 7.9% in March, from the previous month’s 8.8%.

Finally, harmonized consumer prices rose 0.45% from the previous month in March, which was below the 0.65% increase logged in February.

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