Finland Inflation April 2019

Finland

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.

FocusEconomics Consensus Forecast panelists expect CPI inflation to average 1.2% in 2019, which is unchanged from last month’s estimate. In 2020, our panelists see inflation averaging 1.6%.


Author:, Economist

Sample Report

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

Download

Finland Inflation Chart


Finland Inflation April 2019

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


Finland Economic News

  • Finland: Current account surplus widens in June

    August 15, 2019

    The current account balance improved to a EUR 0.8 billion surplus in June from the revised EUR 0.6 billion surplus in May (previously reported: surplus of EUR 0.3 billion). In the 12 months leading up to June, the current account balance totaled a EUR 1.5 billion deficit, marking an improvement over the EUR 3.4 billion deficit in May. The trade balance improved to a EUR 0.4 billion surplus in June from the EUR 0.1 billion surplus in May.

    Read more

  • Finland: Inflation slows in July

    August 14, 2019

    Consumer prices fell 0.3% in July compared to the previous month, contrasting the 0.1% increase in June.

    Read more

  • Finland: Economic activity growth surges in June

    August 14, 2019

    Economic activity grew a working-day adjusted 2.2% in June compared to the same month a year earlier, up from May’s 0.8% increase.

    Read more

  • Finland: Economic growth slows in May

    July 16, 2019

    Economic activity grew a working-day adjusted 0.8% in May compared to the same month a year earlier, down from April’s substantially revised 1.8% growth reading (previously reported: +2.8% year-on-year).

    Read more

  • Finland: Current account balance rebounds in May from April’s record low

    July 15, 2019

    The current account balance swung to a EUR 0.3 billion surplus in May, contrasting the EUR 4.2 billion deficit recorded in April, which represented the lowest reading since contemporary records began in January 2006 due to a massive slump in the primary income balance. In the 12 months leading up to May, the current account balance totaled a EUR 4.0 billion deficit, marking an improvement over the EUR 5.3 billion shortfall in April. The trade balance improved to a EUR 0.2 billion surplus in May, contrasting the EUR 0.2 billion deficit in April.

    Read more

More news

Search form