Finland Inflation February 2019

Finland

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.

FocusEconomics Consensus Forecast panelists expect CPI inflation to average 1.3% in 2019, which is unchanged from last month’s estimate. In 2020, our panelists see inflation averaging 1.6%.


Author:, Economist

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Finland Inflation February 2019

Note: Month-on-month seasonally adjusted and year-on-year variation in %.
Source: Statistics Finland.


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