Finland Inflation

Finland

Finland: Inflation accelerates further

March 14, 2011

In February, consumer prices added 0.6% over the previous month, which came in above the 0.4% price rise recorded in January. The figure reflected higher prices for food and non-alcoholic beverages (+2.2% month-on-month) as well as for clothing and footwear (+2.6% mom). As a result, annual inflation accelerated for the eighth consecutive month, rising from 3.0% in January to 3.3%. Annual HICP inflation (based on the harmonised index of consumer prices) followed suit, rising from 3.1% in January to 3.5% in February, well above the European Central Bank's (ECB) target of close to, but below 2.0%. Owing to the robust reading, annual average HICP inflation inched up to 1.9%. In its most recent Economic Outlook Bulletin from October, the Central Bank projected HICP inflation to average 1.6% this year and to accelerate further to average 1.9% in 2012.


Author:,

Sample Report

Looking for forecasts related to Inflation in Finland? Download a sample report now.

Download




Finland Economic News

  • Finland: Growth moderates in Q3, but remains firm

    December 1, 2017

    According to preliminary data released on 1 December, the economy lost momentum in the third quarter.

    Read more

  • Finland: Current account surplus narrows in September

    November 15, 2017

    The current account surplus was EUR 0.08 billion in September, considerably below the EUR 0.23 billion surplus recorded in August, but above the EUR 0.02 billion surplus recorded in September 2016.

    Read more

  • Finland: Economic growth quickens in September

    November 14, 2017

    In September, economic activity grew a working-day adjusted 3.8% over the previous year—up from August’s revised 3.7% rise (previously reported: +2.7% year-on-year)—according to the latest monthly Trend Indicator of Output released by Statistics Finland.

    Read more

  • Finland: Economic activity slows in August

    October 13, 2017

    In August, economic activity grew by a working-day adjusted 2.7% over the previous year—down from July’s revised 3.6% rise (previously reported: +3.1%)—according to the latest monthly Trend Indicator of Output released by Statistics Finland.

    Read more

  • Finland: Current account surplus steady in August

    October 13, 2017

    Finland’s current account surplus amounted to EUR 0.23 billion in August, almost unchanged from the revised EUR 0.25 billion surplus recorded in July (previously reported: EUR 0.16 billion). In the 12 months leading up to August, the current account deficit totaled EUR 0.52 billion, very close to July’s cumulative deficit of EUR 0.51 billion. However, the trade balance improved in August over the previous month, recording a EUR 238 million surplus compared to July’s EUR 75 million surplus.

    Read more

More news

Search form