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Published: 14 May 2008

Inflation slowed down to 3.5 per cent in April

The year-on-year change in consumer prices, i.e. inflation, calculated by Statistics Finland slowed down to 3.5 per cent in April. Inflation was slowed down from the 3.9 per cent observed in March by the fallen prices of vegetables and the moderation of the price increases of liquid fuels.

Consumer prices was pushed up most in the year by risen prices of housing. The rise was due to higher prices of energy, risen housing loan interest rates and higher prices of owner-occupied dwellings and real estate as well as rent increases. Inflation was also pushed up by increases in the prices of food, automotive fuels, restaurant and café services and retail prices of alcoholic beverages from April of the previous year. The rise in consumer prices was curbed most in April by fallen prices of passenger cars, entertainment electronics, computers and vegetables.

From March to April consumer prices rose by 0.1 per cent.

Each mid-month, Statistics Finland interviewers collect around 50,000 prices on 497 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.

Finland's inflation indicators, April 2008

  Point figure Year-on-year change Month-on-month change

Consumer Price Index 2005=100




Cost-of-living Index 1951:10=100

1 721

Harmonised Index of Consumer Prices 2005=100




According to preliminary data, inflation in the EMU countries was 3.3 per cent in April

According to the preliminary data on the Harmonised Index of Consumer Prices, the rate of inflation in the EMU countries was 3.3 per cent in April. In March it stood at 3.6 per cent. The corresponding figure for Finland was 3.3 per cent in April.

Eurostat's estimate of inflation in the EMU area is based on preliminary data from EMU Member States and on the price development of energy. Eurostat will publish detailed data on Harmonised Indices of Consumer Prices for April on 15 May.

Source: Consumer Price Index 2008, April. Statistics Finland

Inquiries: Mr Juhani Pekkarinen +358 9 1734 3476, Ms Kati Heikkinen +358 9 1734 3472,
Harmonised Index of Consumer Prices: Ms Christina Telasuo +358 9 1734 2951

Director in charge: Mr Kari Molnar


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Appendix tables

Last updated 14.5.2008

Referencing instructions:

Official Statistics of Finland (OSF): Consumer price index [e-publication].
ISSN=1799-0254. April 2008. Helsinki: Statistics Finland [referred: 7.6.2023].
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