Financial News: Finland Inflation Remains Stable At 0.7%

Finland Inflation Remains Stable At 0.7%

02/19/2025 - 01:39:00 (RTTNews)

(RTTNews) - Finland's consumer price inflation held steady in January after easing to a 4-year low in December, data from Statistics Finland showed on Wednesday.

The consumer price index rose 0.7 percent year-over-year in January, the same as in the previous month.

Consumer prices were raised most in January by increases in general hospital fees, district heat, and maintenance charges, while the rise in inflation was curbed by reductions in the prices of electricity, the average interest rate on housing loans, and interest on consumer credit.

The annual decline in utility costs deepened to 2.0 percent in January from 1.0 percent a month ago. Meanwhile, the price growth in clothing and footwear accelerated to 1.44 percent from 0.98 percent, and prices of food and non-alcoholic beverages rose 0.85 percent.

The EU measure of the Harmonized Index, or HICP, increased at a slightly faster pace of 1.7 percent in January versus 1.6 percent a month ago. In the flash report, the rate of inflation held steady at 1.6 percent.

Compared to the previous month, consumer prices climbed 0.5 percent in January after a 0.1 percent gain in the previous month.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Fed's Daly Says Policymakers Can Wait For More Clarity Around Trade Policies (25 min(s), 56 sec(s) ago)
(RTTNews) - The Federal Reserve can make more reductions as projected earlier but policymakers sho ...Full Story»

Slovenian Producer Prices Rise 1.2% (42 min(s), 56 sec(s) ago)
(RTTNews) - Slovenia's producer prices increased for the second straight month in March, figur ...Full Story»

Italy Construction Output Grows Most In 6 Months (10 min(s), 56 sec(s) ago)
(RTTNews) - Italy's construction output expanded for the second straight month in February and ...Full Story»

Italy Trade Surplus Shrinks In February (01 hr(s), 44 min(s), 04 sec(s) ago)
(RTTNews) - Italy's foreign trade surplus decreased in February from a year ago as imports gre ...Full Story»

Moldova Producer Price Inflation Rises To 4.7% (02 hr(s), 31 min(s), 04 sec(s) ago)
(RTTNews) - Moldova's producer prices increased for the third straight month in March and at a ...Full Story»

Malaysia Economic Growth Eases, Trade Surplus Grows (03 hr(s), 41 min(s), 04 sec(s) ago)
(RTTNews) - Malaysian economic growth eased further in the first quarter of 2025 amid a contractio ...Full Story»

Japan Nationwide Inflation Climbs 3.6% On Year In March (01 min(s), 56 sec(s) ago)
(RTTNews) - Overall consumer prices in Japan were up 3.6 percent on year in March, the Ministry of ...Full Story»

Japan Inflation Data Due On Friday (27 min(s), 56 sec(s) ago)
(RTTNews) - Japan will on Friday release March figures for national consumer prices, highlighting ...Full Story»