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Home BUSINESSInflation slightly ups in November
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Tue, 15 Dec, 2015 12:08:23 AM
FTimes Report, Dec 15
 
File Photo Lehtikuva.
The year-on-year change in consumer prices was -0.2 per cent in November as calculated by Statistics Finland.
 
The inflation stood at -0.3 per cent In October.
 
The slight rise in inflation was influenced, for example, by increases in the vehicle tax, rents and maintenance charges from one year ago.
 
Consumer prices were raised most in November by increases in the vehicle tax, rents and maintenance charges from one year ago, the data show.
 
Compared to one year ago, the biggest decreases were recorded in the consumer prices of average interest rate on housing loans and liquid fuels.
 
During the month, most increase was visible in the consumer prices of petrol and package tours outside the EU. The biggest decrease was seen in the consumer prices of detached houses.
 
The consumer prices changed by -0.2 per cent from October to November, according to the statistics.
 
The rate of inflation in the eurozone was 0.1 per cent in November, according to the preliminary data on the Harmonised Index of Consumer Prices.
 
Each mid-month, Statistics Finland's interviewers collect altogether around 50,000 prices on nearly 500 commodities from approximately 2,700 outlets for the Consumer Price Index. In addition, some 1,000 items of price data are gathered by centralised collection.  
 

Inflation indicators in Finland, November 2015

 

  Point figure Annual change (%) Monthly change (%)
Consumer Price Index 2010=100 108,9 -0,2 -0,2
Cost-of-living Index 1951:10=100 1 908    
Harmonised Index of Consumer Prices 2005=100 121,8 -0,2 -0,0
Harmonised Index of Consumer Prices at Constant Taxes 2005=100 118,3 -0,5 -0,1

Source: Consumer Price Index, Statistics Finland.

 
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