Finland Inflation December 2018

Finland

Finland: Inflation slows in December

January 14, 2019

Consumer prices fell 0.1% in December, contrasting the flat reading for November. The decrease was due to cheaper clothing and footwear, communications, household furnishings, and transport. On the other hand, prices for recreation and culture, and food and non-alcoholic beverages rose. 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 0.2% price decrease for December, contrasting the 0.1% rise in November.

Inflation decelerated to 1.2% in December from 1.3% in November. HICP inflation, meanwhile, slowed to 1.3% in December from 1.4% in November.

Finland Inflation Forecast


FocusEconomics Consensus Forecast panelists expect CPI inflation to average 1.4% 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 December 2018 0

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


Finland Economic News

  • Finland: Economic activity growth accelerates in November

    January 15, 2020

    Economic activity grew a working-day adjusted 2.3% in November from the same month a year earlier, up from October’s revised 1.9% reading (previously reported: +1.5% year-on-year), according to Statistics Finland’s latest monthly Trend Indicator of Output release. The uptick in November came on the back of a rebound in the primary sector—encapsulating agriculture, forestry and fishing sub-sectors—which had slumped in the previous month.

    Read more

  • Finland: Inflation ticks up in December

    January 14, 2020

    Consumer prices rebounded 0.1% in December compared with the previous month, reversing November’s 0.1% downtick.

    Read more

  • Finland: Current account surplus tightens in November

    January 13, 2020

    The current account surplus tightened to EUR 0.2 billion in November from a revised EUR 1.0 billion in October (previously reported: EUR 0.5 billion).

    Read more

  • Finland: Economic activity growth moderates in October

    December 13, 2019

    Economic activity grew a working-day adjusted 1.5% in October from the same month a year earlier, down from September’s revised 2.1% reading (previously reported: +0.8% year-on-year), according to Statistics Finland’s latest monthly Trend Indicator of Output release. The moderation in October came on the back of decreased activity in the primary sector—encapsulating agriculture, forestry and fishing sub-sectors—which slumped this month and thus weighed on the overall reading.

    Read more

  • Finland: Current account surplus widens in October

    December 13, 2019

    The current account surplus widened to EUR 0.5 billion in October from a revised EUR 0.3 billion in September (previously reported: EUR 0.5 billion).

    Read more

More news

Search form

Cookies Policy: We use third-party cookies to improve our services by analyzing your browsing habits.
By continuing to use this website you are giving consent to cookies being used. For more information on cookies and how you can disable them, see our "Cookies Policy". Close