Inflation in Finland

Finland Harmonized Inflation | Economic News & Forecasts

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

2013  2014  2015  2016  2017  
Inflation Rate (HICP, annual variation in %)2.2  1.2  -0.2  0.4  0.8  

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Finland Harmonized Inflation Chart


Finland Inflation
Note: Annual variation of harmonized index of consumer prices (HICP) in %.
Source: Statistics Finland.

Finland Facts

ValueChangeDate
Bond Yield0.463.70 %Jan 29
Exchange Rate8.43-0.38 %Jan 30
Stock Market4,0230.0 %Jan 30

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