Inflation in Finland
Finland - Inflation
Inflation accelerates in February
Consumer prices rose 0.5% in February compared to the previous month, contrasting the 0.4% fall in January. This latest outturn was primarily due to more expensive food and non-alcoholic beverages; housing, water, electricity, gas and other fuel; and transport. 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 0.6% increase in February, contrasting the 0.4% price decrease for January.
Inflation accelerated to 1.3% in February from 1.1% in January. HICP inflation, meanwhile, slowed to 1.1% in February from 1.2% in January.
FocusEconomics Consensus Forecast panelists expect CPI inflation to average 1.3% 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 | 0.43 | 3.70 % | Mar 20 |
| Exchange Rate | 8.50 | -0.38 % | Mar 20 |
| Stock Market | 4,224 | 0.0 % | Mar 20 |
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Economic News
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Economic activity grew a working-day adjusted 1.5% in January compared to the same month a year earlier, down from the revised 2.3% rise in December (previously reported: +2.7% year-on-year).
Finland: Inflation accelerates in February
March 14, 2019
Consumer prices rose 0.5% in February compared to the previous month, contrasting the 0.4% fall in January.
Finland: The economy accelerates in Q4, ending modest year on a strong note
February 28, 2019
The economy grew 0.7% in seasonally-adjusted quarter-on-quarter terms in Q4 2018, up from Q3’s 0.4%.
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