Finland Inflation March 2019

Finland

Finland: Inflation decelerates in March

April 15, 2019

Consumer prices rose 0.1% in March compared to the previous month, down from the 0.5% rise in February. The overall increase was due to more expensive clothing and footwear, and housing, water, electricity, gas and other fuels. On the flip side, and dampening the overall increase in March, was food and non-alcoholic beverages becoming cheaper. The Harmonized Index of Consumer Prices (HICP)—which does not include certain factors such as the vehicles tax or fishing and hunting fees—also showed a 0.1% increase in March, down from the 0.6% rise in February.

Inflation decelerated to 1.1% in March from 1.3% in February. HICP inflation, meanwhile, ticked up to 1.2% from 1.1%.

FocusEconomics Consensus Forecast panelists expect CPI inflation to average 1.2% in 2019, which is down 0.1 percentage points from last month’s estimate. In 2020, our panelists see inflation averaging 1.5%.


Author:, Economist

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Finland Inflation March 2019

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


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