Inflation in Finland
Finland - Inflation
Inflation slows in December
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%.
Finland - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 1.5 | 1.0 | -0.2 | 0.4 | 0.8 |
Finland Inflation Chart
Source: Statistics Finland.
Finland Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.50 | 3.70 % | Jan 16 |
| Exchange Rate | 8.54 | -0.38 % | Jan 16 |
| Stock Market | 3,942 | 0.0 % | Jan 16 |
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Economic News
Finland: The economy growth slows to a four-month low in November
January 15, 2019
Economic activity grew a working-day adjusted 1.8% in November compared to the same month a year earlier, down from the revised 3.2% growth in October, which was previously reported as 2.9%.
Finland: Finland logs a current account surplus in November for the first time in over a year
January 15, 2019
The current account balance was EUR 0.17 billion in November, contrasting the revised EUR 0.14 billion deficit in October, which was previously reported as a EUR 0.17 billion shortfall.
Finland: Inflation slows in December
January 14, 2019
Consumer prices fell 0.1% in December, contrasting the flat reading for November.
Finland: Inflation decelerates in November
December 14, 2018
Consumer prices were stable in November, contrasting the 0.2% rise in October.
Finland: Another current account deficit in October after a substantial revision to historical data
December 14, 2018
The current account balance was minus EUR 0.17 billion in October, deteriorating from the EUR 0.36 billion deficit in September (previously reported: surplus of EUR 0.10 billion).
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