Finland: Inflation increases to over 13-year high in February
March 14, 2022
Consumer prices increased 0.51% in February over the previous month, coming in below January's 1.22% rise. The slowdown was largely driven by softer growth in prices for housing, water, electricity, gas and other fuels.
Inflation edged up to 4.5% in February from January’s 4.4%. February's result was the highest inflation rate since September 2008. Consequently, annual average inflation rose to 2.8% in February (January: 2.5%). Lastly, harmonized inflation accelerated to 4.4% in February, from the previous month's 4.1%.