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. The decrease was partly due to cheaper food and non-alcoholic beverages, and furnishings, household equipment and household maintenance.
The Harmonized Index of Consumer Prices (HICP)—which does not include certain factors such as the vehicle tax or fishing and hunting fees—also showed prices decreased 0.3% in July from the previous month, contrasting flat growth in June.
CPI inflation slowed to 0.8% in July, down from 1.0% in June, while HICP inflation eased to 1.0% from 1.1%.
Author: Edward Gardner, Economist