Inflation in Finland

Finland Inflation | Economic News & Forecasts

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  

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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

Bond Yield0.503.70 %Jan 16
Exchange Rate8.54-0.38 %Jan 16
Stock Market3,9420.0 %Jan 16

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