Sunday. 02.10.2022
CONSUMER PRICES

Finland inflation rises driven by higher fuel, electricity prices

The consumer price index rose 3.7% year-on-year in November, following a 3.2% increase in October

A woman doing the shopping in a supermarket. Photo: Foreigner.fi/File photo.
A woman doing the shopping in a supermarket. Photo: Foreigner.fi/File photo.

Finland's inflation continued to increase in November, driven by higher prices of petrol, repair on detached houses, diesel, and electricity, preliminary data from Statistics Finland showed on Tuesday.

The consumer price index rose 3.7 per cent year-on-year in November, following a 3.2 per cent increase in October.

Inflation was curbed most by reductions in the prices of children's day care, average interest rate on housing loans and consumer credit, medical examination and treatment fees, and games of chance, the agency said.

On a monthly basis, consumer prices rose 0.4 per cent in November, after a 0.8 per cent increase in the previous month.

The Harmonized Index of Consumer Prices, which is the EU measure of inflation, rose 3.5 per cent annually in November and 0.5 per cent from a month ago.

Finland inflation rises driven by higher fuel, electricity prices
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