Inflation in Finland
Finland - Inflation
Inflation remains stable in November
Consumer prices decreased 0.07% in November over the previous month, swinging from October’s 0.10% increase. Looking at the details of the release, the print reflected lower prices for transport and health services, although those were partly offset by higher prices for alcoholic beverages and tobacco, and restaurants and hotels.
Inflation came in at 0.2% in November, matching October’s reading. Meanwhile, the trend was unchanged, with annual average inflation coming in at 0.4% in November for the third month running. Lastly, harmonized consumer prices decreased 0.2% in November, swinging from October’s 0.1% increase.
FocusEconomics Consensus Forecast panelists expect CPI inflation to average 1.1% in 2021, which is down 0.1 percentage points from last month’s estimate. In 2022, our panelists see inflation averaging 1.5%.
Finland - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-0.2||0.4||0.8||1.1||1.0|
5 years of economic forecasts for more than 30 economic indicators.
Finland Inflation Chart
Source: Statistics Finland.
|Bond Yield||0.03||3.70 %||Dec 30|
|Exchange Rate||8.78||-0.38 %||Jan 01|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
December 15, 2020
Economic activity decreased 1.9% year-on-year in working-day adjusted terms in October, following the 2.1% contraction recorded in September (previously reported: -3.2% year-on-year).
December 14, 2020
Consumer prices decreased 0.07% in November over the previous month, swinging from October’s 0.10% increase.
December 11, 2020
The current account recorded a EUR 0.5 billion surplus in October, matching the surplus recorded in October last year, and increasing from September’s EUR 0.1 billion surplus.
November 27, 2020
GDP rebounded strongly in the third quarter, growing 3.3% on a seasonally-adjusted quarter-on-quarter basis and contrasting the 3.9% contraction recorded in the second quarter.
November 13, 2020
Economic activity decreased 3.2% year-on-year in working-day adjusted terms in September, matching August’s drop.