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Finland November Inflation Lowest Since 2010

12/14/2012 7:20 AM ET

Finland's consumer price inflation in November fell to the lowest level in more than two years, data released by Statistics Finland showed on Friday.

The consumer price index rose 2.2 percent year-on-year in November, after climbing 2.6 percent in October. Economists had forecast an inflation figure of 2.5 percent.

The latest inflation number is the lowest since September 2010, when it was 1.4 percent. Inflation has been easing since July August this year.

Sequentially, consumer prices fell by 0.3 percent in November.

During November, falling prices of liquid fuels and vegetables from October to November helped to slow inflation, the statistical office said.

Year-on-year the Harmonized Index of Consumer Prices rose 3.2 percent in November and fell by 0.1 percent from October.

by RTT Staff Writer

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