Finland Inflation March 2021

Finland

Finland: Inflation increases to over one-year high in March

April 14, 2021

Consumer prices increased 0.24% in March over the previous month, moderating from February's 0.36% increase. Looking at the details of the release, the moderation was broad-based, with lower price pressures recorded for housing, water, electricity, gas and other fuels, transportation, as well as for food and non-alcoholic beverages. In addition, prices for recreation and culture dropped.

Inflation came in at 1.3% in March, up from February’s 0.9%. March's result marked the highest inflation rate since April 2019. Meanwhile, the trend was unchanged, with annual average inflation remaining at February's 0.4% in March.

FocusEconomics Consensus Forecast panelists expect inflation to average 0.9% in 2021, which is down 0.1 percentage points from last month’s estimate. In 2022, our panelists see inflation averaging 1.2%.


Author:

Sample Report

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

Download

Finland Inflation Chart


Finland Inflation March 2021

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


Finland Economic News

More news

Search form