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: 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: 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: 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 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