Finland Inflation November 2018

Finland

Finland: Inflation decelerates in November

December 14, 2018

Consumer prices were stable in November, contrasting the 0.2% rise in October. Although prices for clothing and footwear, restaurants and hotels, and alcoholic beverages and tobacco rose in November, cheaper food and non-alcoholic drinks weighed on prices overall. 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 0.1% price rise in November, down from 0.3% in October.

Inflation decelerated to 1.3% in November from 1.5% in October. HICP inflation was 1.4% in November, down from 1.7% in October.

Finland Inflation Forecast


FocusEconomics Consensus Forecast panelists expect CPI inflation to average 1.4% in 2019, which is down 0.1 percentage points from last month’s estimate. In 2020, our panelists see inflation averaging 1.6%.


Author:, Economist

Sample Report

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

Download

Finland Inflation Chart


Finland Inflation November 2018

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


Finland Economic News

  • Finland: Inflation inches higher in January

    February 19, 2020

    Consumer prices shrank 0.3% in January compared with the previous month, reversing December’s 0.1% uptick.

    Read more

  • Finland: Economic activity growth slows to 11-month low in December

    February 14, 2020

    Economic activity grew a working-day adjusted 0.5% in December from the same month a year earlier, down from November’s revised 1.6% reading (previously reported: +2.3% year-on-year), according to Statistics Finland’s latest monthly Trend Indicator of Output release. The deceleration in December, which marked the slowest rate of expansion since January 2019, came on the back of a contraction in the primary sector—encapsulating agriculture, forestry and fishing sub-sectors—which had posted mild growth in the previous month.

    Read more

  • Finland: Current account rebounds to surplus in December

    February 13, 2020

    The current account surplus widened to EUR 0.8 billion in December contrasting the revised EUR 0.1 billion deficit in November (previously reported: EUR 0.3 billion surplus) and the EUR 0.2 billion deficit recorded in December 2019. In the 12 months leading up to December, the current account balance clocked a deficit of EUR 0.3 billion, marking an improvement from the EUR 1.2 billion shortfall in November and the best result since September 2011.

    Read more

  • Finland: Economic activity growth accelerates in November

    January 15, 2020

    Economic activity grew a working-day adjusted 2.3% in November from the same month a year earlier, up from October’s revised 1.9% reading (previously reported: +1.5% year-on-year), according to Statistics Finland’s latest monthly Trend Indicator of Output release. The uptick in November came on the back of a rebound in the primary sector—encapsulating agriculture, forestry and fishing sub-sectors—which had slumped in the previous month.

    Read more

  • Finland: Inflation ticks up in December

    January 14, 2020

    Consumer prices rebounded 0.1% in December compared with the previous month, reversing November’s 0.1% downtick.

    Read more

More news

Search form