Finland: Inflation comes in at highest level since August 1990 in March
April 14, 2022
Consumer prices increased 1.45% over the previous month in March, accelerating from February's 0.51% increase. March's uptick marked the highest reading since January 1991. Looking at the details of the release, prices for housing, water, electricity, gas and other fuels rose at a quicker rate in March, and prices for transportation also grew at a faster pace.
Inflation increased to 5.8% in March, following February’s 4.5%. March's reading marked the highest inflation rate since August 1990. Annual average inflation rose to 3.2% in March (February: 2.8%). Finally, harmonized inflation rose to 5.8% in March, from the previous month's 4.4%.