Published: 14 November 2006
Inflation 1.8 per cent in October
The year-on-year change in consumer prices, i.e. inflation, calculated by Statistics Finland was 1.8 per cent in October. In September it stood at 1.5 per cent. The slight acceleration of inflation was mainly caused by increases in interest rates and risen prices of vegetables.
During the year, consumer prices were pushed up most by risen interest rates and higher prices of dwellings. Rises in the prices of vegetables and rent increases also had an impact on inflation. Inflation was curbed most by reductions in the prices of liquid fuels, entertainment electronics and home computers from the year before.
From September to October, consumer prices rose by 0.3 per cent.
Each mid-month, Statistics Finland interviewers collect around 55,000 prices on 497 commodities from approximately 3,500 outlets for the Consumer Price Index. In addition, some 1,000 items of price data are gathered by centralised collection.
Year-on-year change in consumer prices 1/2001 - 10/2006
Index point figures are available here (only in Finnish): Consumer Price Index 2005=100
Source: Consumer Price Index 2006, October. Statistics Finland
Inquiries: Mr Juhani Pekkarinen +358 9 1734 3476, Ms Satu Hirvijärvi +358 9 1734 3472, khi.tilastokeskus@stat.fi
Director in charge: Mr Kari Molnar
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Last updated 14.11.2006
Official Statistics of Finland (OSF):
Consumer price index [e-publication].
ISSN=1799-0254. October 2006. Helsinki: Statistics Finland [referred: 17.8.2024].
Access method: http://www.stat.fi/til/khi/2006/10/khi_2006_10_2006-11-14_tie_001_en.html