Finland: Inflation eases to four-month low in July
August 13, 2021
Consumer prices increased 0.33% in July over the previous month, swinging from the 0.05% fall seen in June, marking the strongest rise in prices in three months. The rebound was driven by rising prices for food and non-alcoholic beverages, as well as for housing, water, electricity, gas and other fuels and for transportation.
Inflation eased to a four-month low of 1.9% in July, following June’s 2.0%. Meanwhile, the trend inched up, with annual average inflation coming in at 1.0% in July (June: 0.9%). Lastly, harmonized inflation inched down to 1.8% in July from June’s 1.9%.