Finland's consumer prices fell for the first time in more than five years in October, data from Statistics Finland showed on Friday.
The consumer price index dropped 0.2 percent year-over-year in October, reversing a 0.5 percent rise in September. Further, this was the first deflation since July 2020.
The rise in consumer prices from one year ago was curbed most by the average interest rate on housing loans, interest on consumer credit, and electricity, the agency said.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.