Sat, 14 Dec, 2013 03:20:30 AM FTimes Report, December 14  Photo - Lehtikuva. The year-on-year change in inflation was 1.4% in November, climbing from October’s figure of 1.2%, according to the Statistics Finland.
The slight acceleration in the consumer prices was above all caused by a slowdown in the drop of petrol prices.
Inflation in the euro area accelerated to 0.9% in November, said the preliminary data compiled by the Statistics Finland.
Inflation indicators in Finland, November 2013
In November, the consumer prices, i.e inflation, were pushed up most in the year by higher food prices, as well as higher prices of restaurant and café services and rent increases, said the statistics.
Food prices went up above all due to higher prices of dairy products, meat and fruit.
The rise in consumer prices was curbed most in November by fallen interest rates and prices of entertainment electronics from the year before. From October to November, consumer prices fell by 0.1%.
Each mid-month, Statistics Finland's interviewers collect around 50,000 prices on 486 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.
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