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Economy And The Numbers

Finnish Inflation Stable In May

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Finland's consumer price inflation stayed broadly unchanged in May, data released by Statistics Finland showed Friday.

Inflation, as per the consumer price index, was 1.6 percent in May, little changed from April's figure of 1.5 percent.

Prices were pushed up mostly by higher prices for food, which reflected growth in prices of vegetables, meat, fruit and dairy products. Increases in restaurant prices and rents also contributed to inflation

These rises were partially offset by lower prices of telecommunication services and entertainment electronics from the year before.

The consumer price index stayed unchanged compared to April, when it recorded a 0.1 percent increase, data showed.

The harmonized index of consumer prices (HICP), measured under the EU methodology, rose 2.5 percent on an annual basis in May. Month-on-month, the HICP remained unchanged.

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