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Wed, 15 Jun, 2016 12:06:06 AM FTimes Report, Jun 15  File Photo Lehtikuva. The year-on-year change in consumer prices remained at 0.3 per cent in May as it was in April, according to Statistics Finland’s data.
The inflation remaining positive was influenced, for example, by increases in the consumer prices of the vehicle tax, maintenance charges, hospital fees and reimbursable prescription medicines from one year ago.
Consumer prices were raised in May by increases in the vehicle tax, maintenance charges, hospital fees and reimbursable prescription medicines from one year ago.
The rising of consumer prices was curbed most by reductions in the prices of liquid fuels and average housing loan interest rates from the year before. From April to May, consumer prices changed by -0.0 per cent, the statistics show.
The rate of inflation in the euro area was -0.1 per cent in May, according to the preliminary data on the Harmonised Index of Consumer Prices.
In April, it was -0.2 per cent. The corresponding figure for Finland was 0.3 per cent in May.
Eurostat’s estimate of inflation in the euro area is based on preliminary data from the Member States and on the price development of energy.
Eurostat will publish detailed data on Harmonised Indices of Consumer Prices for May on 16 June.
The year-on-year change in the Harmonised Index of Consumer Prices stood at 0.3 per cent in May and that in the Index at Constant Taxes measuring market inflation at 0.2 per cent.
Over twelve months, the combined raising impact on consumer prices from changes in commodity tax rates was thus 0.1 percentage points. The month-on-month change in the Harmonised Index of Consumer Prices was -0.1 per cent and that in the Index at Constant Taxes -0.1 per cent in May.
Inflation indicators in Finland, May 2016
Source: Consumer Price Index, Statistics Finland. More News
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