Inflation in Finland
Finland - Inflation
Inflation increases to three-month high in August
Consumer prices rose 0.23% in August over the previous month, below July's 0.33% increase. Looking at the details of the release, the reading was driven by moderating price pressures for transportation and food and non-alcoholic beverages.
Inflation came in at a three-month high of 2.2% in August, which was up from July’s 1.9%. Meanwhile, the trend pointed up mildly, with annual average inflation coming in at 1.2% in August (July: 1.0%). Lastly, harmonized inflation came was stable at July’s 1.8% in August.
FocusEconomics Consensus Forecast panelists expect inflation to average 1.5% in 2021, which is unchanged from last month’s estimate. In 2022, our panelists see inflation averaging 1.4%, which is also unchanged from the prior month’s forecast.
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|
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September 15, 2021
Economic activity expanded 5.5% year-on-year in working-day adjusted terms in July (June: +9.1% yoy), marking a four-month low.
September 14, 2021
Consumer prices rose 0.23% in August over the previous month, below July's 0.33% increase.
September 10, 2021
The current account recorded a EUR 0.6 billion surplus in July, widening from the EUR 0.1 billion one logged in July 2020, but narrowing from June’s EUR 0.7 billion.
August 31, 2021
Economic growth accelerated in the second quarter, with GDP increasing 2.1% on a seasonally-adjusted quarter-on-quarter basis, slightly above the preliminary estimate of a 2.0% expansion (Q1: +0.1% s.a.
August 17, 2021
Economic activity grew 9.7% year-on-year in working-day adjusted terms in June, which followed May's 8.9% increase, and marked the best result since November 2000.