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Home International Customs Finland

Finland’s Inflation stands -0.2% in April, remains stagnant in May

byCustoms Today Report
17/06/2015
in Finland, International Customs
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HELSINKI: The inflation stood at -0.2 per cent in April. The slight rise in inflation was influenced, for example, by increases in maintenance charges, rents, and consumer prices of tobacco from one year ago. Consumer prices were raised in May by increases in maintenance charges, rents and tobacco prices from one year ago.

Compared to one year ago, the biggest decreases were recorded in the consumer prices of liquid fuels, interest rates, and subscriptions of periodicals, the data show. From April to May, consumer prices changed by -0.1 per cent. The most increase was visible, for example, in the consumer prices of fresh vegetables like cucumbers and peppers, and petrol during the month.

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The biggest decrease occurred in the consumer prices of coffee, subscriptions of periodicals, and sausages. Each mid-month, Statistics Finland’s interviewers collect altogether around 50,000 prices on nearly 500 commodities from approximately 2,700 outlets for the Consumer Price Index. The year-on-year change in the Harmonised Index of Consumer Prices stood at 0.1 per cent in May and that in the Index at Constant Taxes measuring market inflation at -0.2 per cent.

Tags: Finland’sinflationstands

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