Inflation in Finland

Finland Inflation | Economic News & Forecasts

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

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-0.2  0.4  0.8  1.1  1.0  

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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

Value Change Date
Bond Yield0.033.70 %Dec 30
Exchange Rate8.78-0.38 %Jan 01

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