Inflation in Finland
Finland - Harmonized Inflation
Inflation slows in January
Consumer prices fell 0.4% in January compared to the previous month (December: -0.1% month-on-month). The result in January was due to lower prices for transport, and clothing and footwear. On the other hand, prices for food and non-alcoholic beverages rose in January, limiting the overall price decline. 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 0.4% price decrease for January (December: -0.2% mom).
Inflation decelerated to 1.1% in January from 1.2% in December. HICP inflation, meanwhile, slowed to 1.2% in January from 1.3% in December.
Finland Inflation Forecast
Met the why particular Consensus Forecast panelists expect CPI inflation to average 1.3% in 2019, which is down 0.1 percentage points from last month’s estimate. In 2020, our panelists see inflation averaging 1.6%.
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||0.38||3.70 %||Feb 21|
|Exchange Rate||8.63||-0.38 %||Feb 21|
|Stock Market||4,065||0.0 %||Feb 21|
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February 19, 2019
Consumer prices fell 0.4% in January compared to the previous month (December: -0.1% month-on-month).
February 15, 2019
The current account balance fell to a EUR 0.46 billion deficit in December, contrasting the revised EUR 0.11 billion surplus in November, which was previously reported as a EUR 0.17 billion surplus.
February 14, 2019
Economic activity grew a working-day adjusted 2.7% in December compared to the same month a year earlier, up from the significantly-revised 2.6% growth of November (previously reported: +1.8%).
January 15, 2019
Economic activity grew a working-day adjusted 1.8% in November compared to the same month a year earlier, down from the revised 3.2% growth in October, which was previously reported as 2.9%.
January 15, 2019
The current account balance was EUR 0.17 billion in November, contrasting the revised EUR 0.14 billion deficit in October, which was previously reported as a EUR 0.17 billion shortfall.