Finland Inflation


Finland: Inflation continues to climb

October 14, 2010

In September, consumer prices rose 0.4% over the previous month, which mirrored the reading recorded in August. The monthly price increase was mostly driven by higher food prices (+1.3% month-on-month), in particular for vegetables. Moreover, a rise in prices for clothing and footwear (+5.1% mom) owing to the end of the summer sales, also contributed to the monthly price increase. As a result of the relatively high monthly figure, annual inflation continued to trend upwards, rising from 1.2% in August to 1.4% in September. In the same vein, annual inflation as measured by the harmonised index of consumer prices (HICP), stepped up from 1.3% in August to 1.4% in September, which drove up the annual average harmonised inflation rate a notch to 1.4%. In its most recent Economic Outlook Bulletin published in September, the Central Bank projects inflation to average 1.6% this year and to accelerate further to an average of 1.9% next year.


Sample Report

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


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