Finland: Inflation accelerates in November from October
Latest reading: Harmonized consumer prices were up 1.5% in annual terms in November, following a 1.4% increase in the prior month.
Relative to the previous month’s figures, there were higher price pressures for food and non-alcoholic beverages (+1.7% in annual terms vs +1.6% in October), transportation (+0.1% vs -0.5% in October), housing and utilities (+1.4% vs +0.2% in October) and restaurants and hotels (+2.0% vs +1.5% in October). In contrast, price pressures reduced for recreation in November (+1.3% vs +2.6% in October).
Meanwhile, consumer prices were down 0.1% in annual terms in November, following a 0.2% decline in the prior month.
Lastly, harmonized consumer prices fell 0.14% in November on a month-on-month basis, following a 0.09% decline in the prior month.