Inflation in Finland

Finland Inflation | Economic News & Forecasts

Finland - Inflation

Inflation accelerates in August

Consumer prices rose 0.4% in August compared to the previous month, contrasting the 0.3% decrease in July. The increase was due to higher prices for food and non-alcoholic beverages, clothing and footwear, and housing, water, electricity, gas and other fuels.

The Harmonized Index of Consumer Prices (HICP)—which does not include certain factors such as the vehicle tax or fishing and hunting fees—also showed prices rose 0.4% in August compared to the previous month, after decreasing 0.3% in July.

CPI inflation accelerated to 1.1% in August from 0.8% in July, while HICP inflation ticked up to 1.2% from 1.0%.

FocusEconomics Consensus Forecast panelists expect CPI inflation to average 1.2% in 2019, which is unchanged from last month’s estimate. In 2020, our panelists see inflation averaging 1.5%.

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 Yield-0.353.70 %Sep 04
Exchange Rate9.03-0.38 %Sep 04
Stock Market3,8790.0 %Sep 04

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