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Financial News: Finland Inflation Eases In December

Finland Inflation Eases In December

01/14/2022 - 06:52:00 (RTTNews)

(RTTNews) - Finland's inflation eased in December, preliminary data from Statistics Finland showed on Friday.

The consumer price index rose 3.5 percent year-on-year in December, after a 3.7 percent growth in November.

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

On a monthly basis, consumer prices dropped 0.1 percent in December, after a 0.4 percent growth in the prior month.

The Harmonized Index of Consumer Prices, which is the EU measure of inflation, rose 3.2 percent annually in December and fell 0.1 percent from a month ago.

In 2021, inflation was 2.2 percent.

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