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

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Finland Inflation Chart


Finland Inflation April 2019

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


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