Inflation in Finland was 0.2 % in November 2020

Current inflation rate in Finland can be found from our website in the section:
"Key indicators of the development of the Finnish economy"

According to Statistics Finland, inflation, i.e., the year-on-year change in consumer prices, was 0.2 % in November 2020. In October, inflation stood also at 0.2 %.

Compared to the previous year, consumer prices were raised most in November 2020 by higher prices for cigarettes, vegetables, single-unit dwellings, wireless telephone services and medical examination and treatment fees.

The rise in consumer prices, on the other hand, was curbed most by lower prices for fuels and hotel rooms.

From October to November, the month-on-month change of consumer prices was -0.1% which was caused, among other things, by lower prices of international flights.

According to preliminary data, the rate of inflation in the euro area was -0.3% in November 2020. The corresponding inflation data in Finland was 0.2 % last month.

Source: You can find full statistic data at Statistics Finland website.

Published 15.12.2020, FINREPO

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