Finland: Inflation remains stable in November
December 14, 2020
Consumer prices decreased 0.07% in November over the previous month, swinging from October’s 0.10% increase. Looking at the details of the release, the print reflected lower prices for transport and health services, although those were partly offset by higher prices for alcoholic beverages and tobacco, and restaurants and hotels.
Inflation came in at 0.2% in November, matching October’s reading. Meanwhile, the trend was unchanged, with annual average inflation coming in at 0.4% in November for the third month running. Lastly, harmonized consumer prices decreased 0.2% in November, swinging from October’s 0.1% increase.
Author: Marta Casanovas , Junior Economist