Inflation in Finland

Finland Inflation | Economic News & Forecasts

Finland - Inflation

Inflation slows in July

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%.

FocusEconomics Consensus Forecast panelists expect CPI inflation to average 1.2% in 2019, which is unchanged from last month’s estimate. In 2020, our panelists see inflation averaging 1.5%.

Finland - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)1.5  1.0  -0.2  0.4  0.8  

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Finland Inflation Chart


Finland Inflation
Note: Annual variation of harmonized index of consumer prices (HICP) in %.
Source: Statistics Finland.

Finland Facts

ValueChangeDate
Bond Yield-0.183.70 %Jul 31
Exchange Rate8.86-0.38 %Jul 31
Stock Market3,9090.0 %Jul 31

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