Finland Inflation May 2019

Finland

Finland: Inflation slows in May

June 14, 2019

Consumer prices fell 0.2% in May compared to the previous month, contrasting the 0.6% rise logged in April. The decrease was primarily due to lower prices for food and non-alcoholic beverages.

The Harmonized Index of Consumer Prices (HICP)—which does not include certain factors such as the vehicles tax or fishing and hunting fees—also showed a 0.2% fall in May, contrasting the 0.7% increase in April.

Both CPI and HICP inflation slowed to 1.2% in May from 1.5% in April.

FocusEconomics Consensus Forecast panelists expect CPI inflation to average 1.3% in 2019, which is up 0.1 percentage points from last month’s estimate. In 2020, our panelists see inflation averaging 1.5%.


Author:, Economist

Sample Report

Looking for forecasts related to Inflation in Finland? Download a sample report now.

Download

Finland Inflation Chart


Finland Inflation May 2019

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


Finland Economic News

More news

Search form