Finland: Inflation jumps in April
May 14, 2019
Consumer prices rose 0.6% in April compared to the previous month, up from 0.1% in March. The increase was largely due to higher prices for transport, food and non-alcoholic beverages, and healthcare, while prices for recreation and culture dropped. 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 0.7% increase in April, up from 0.1% increase in March.
Inflation accelerated to 1.5% in April from 1.1% in March. HICP inflation, meanwhile, hit 1.5%, up from 1.2% in March.
Author: Edward Gardner, Economist