Inflation in Finland
Finland - Harmonized Inflation
Inflation decelerates in March
Consumer prices rose 0.1% in March compared to the previous month, down from the 0.5% rise in February. The overall increase was due to more expensive clothing and footwear, and housing, water, electricity, gas and other fuels. On the flip side, and dampening the overall increase in March, was food and non-alcoholic beverages becoming cheaper. The Harmonized Index of Consumer Prices (HICP)—which does not include certain factors such as the vehicles tax or fishing and hunting fees—also showed a 0.1% increase in March, down from the 0.6% rise in February.
Inflation decelerated to 1.1% in March from 1.3% in February. HICP inflation, meanwhile, ticked up to 1.2% from 1.1%.
Met the why particular Consensus Forecast panelists expect CPI inflation to average 1.2% in 2019, which is down 0.1 percentage points from last month’s estimate. In 2020, our panelists see inflation averaging 1.5%.
Finland - Harmonized Inflation Data
|Inflation Rate (HICP, annual variation in %)||2.2||1.2||-0.2||0.4||0.8|
5 years of economic forecasts for more than 30 economic indicators.
Finland Harmonized Inflation Chart
Source: Statistics Finland.
|Bond Yield||0.46||3.70 %||Jan 29|
|Exchange Rate||8.43||-0.38 %||Jan 30|
|Stock Market||4,023||0.0 %||Jan 30|
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April 18, 2019
The current account balance fell to a EUR 0.04 billion deficit in February, contrasting the revised EUR 0.50 billion surplus in January, which was previously reported as a EUR 0.84 billion surplus.
April 16, 2019
Economic activity grew a working-day adjusted 1.7% in February compared to the same month a year earlier, down from the revised 2.1% rise in January (previously reported: +1.5% year-on-year).
April 15, 2019
Consumer prices rose 0.1% in March compared to the previous month, down from the 0.5% rise in February.
March 21, 2019
According to the latest opinion polls, Prime Minister Juha Sipila’s Centre Party, which currently heads the three-party coalition government, is set to lose its grip on power after the general elections on 14 April, and a shift towards the left of the political spectrum is increasingly foreseeable.
March 15, 2019
The current account balance rose to a EUR 0.84 billion surplus in January, contrasting the revised EUR 0.22 billion deficit in December, which was previously reported as a EUR 0.46 billion shortfall.