Monthly inflation rate (CPI) in Finland 2019-2020

In April 2020, the change in consumer prices amounted to -0.3 percent in Finland. During the first half of 2019, consumer prices were rising, but starting from September 2019 consumer prices remained below 1.0 percent. The lowest inflation rate of -0.31 percent in April 2020 was mainly caused by lower petrol prices.

Inflation or currency devaluation (drop in the real value of money), is characterized by a rise in the prices of finished products (consumer goods, capital goods). Vice versa, deflation or currency appreciation refers to an increase in the real value of money, allowing the buyer to purchase more goods and services with the same amount of money. Moreover, the consumer price index tracks price trends of private consumption expenditure.

Annual change in the monthly Consumer Price Index (CPI) in Finland from January 2019 to April 2020

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Source

Release date

May 2020

Region

Finland

Survey time period

January 2019 to April 2020

Supplementary notes

Index value 2015 equals 100. The year 2015 is the base year used to calculate the index value.

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