Finland: Inflation accelerates in February
March 14, 2019
Consumer prices rose 0.5% in February compared to the previous month, contrasting the 0.4% fall in January. This latest outturn was primarily due to more expensive food and non-alcoholic beverages; housing, water, electricity, gas and other fuel; and transport. The Harmonized Index of Consumer Prices (HICP)—which does not include certain factors such as the vehicles tax or fishing and hunting fees—showed a 0.6% increase in February, contrasting the 0.4% price decrease for January.
Inflation accelerated to 1.3% in February from 1.1% in January. HICP inflation, meanwhile, slowed to 1.1% in February from 1.2% in January.
Author: Edward Gardner, Economist