Finland: Inflation increases to three-month high in August
Consumer prices rose 0.23% in August over the previous month, below July’s 0.33% increase. Looking at the details of the release, the reading was driven by moderating price pressures for transportation and food and non-alcoholic beverages.
Inflation came in at a three-month high of 2.2% in August, which was up from July’s 1.9%. Meanwhile, the trend pointed up mildly, with annual average inflation coming in at 1.2% in August (July: 1.0%). Lastly, harmonized inflation came was stable at July’s 1.8% in August.