14.7 C
London
Saturday, June 15, 2024
HomeEconomyFinland's Inflation Dips Slightly to 6.3% in June

Finland’s Inflation Dips Slightly to 6.3% in June

Date:

Related stories

French, Are We Ready?

Paris, Brussels, Kiev (11 June – 75)This meeting followed...

Asian roar

Imagine a world where one man’s vision reshapes the...

Ukraine War: Why Central Asian Countries want to Move Away from Russian Control

The terrorist attack on Moscow’s Crocus City Hall in March 2024,...

Suicide rate in Russian Army up

The recent fighting in Kharkiv raises some serious questions...

The Internet eats their Young

London (20/5 - 20). One academic was asked about...
spot_imgspot_img


Inflation in Finland stood at 6.3 percent in June, according to preliminary data published by Statistics Finland on Friday. The figure reflected a slight decrease compared to 6.8 percent in May.

The agency attributed the inflation rate change to a decrease in fuel prices and a more moderate rise in electricity prices.

Compared to last year’s June figures, the most significant contributors to the rise in consumer prices were mortgage and consumer credit interest rates and the increase in electricity prices.

The inflation rate in the broader EU area eased to 5.5 percent in June, down from 6.1 percent in May, based on preliminary data from the Harmonised Index of Consumer Prices (HICP).

The corresponding figure in Finland was 4.1 percent for June. HICP is a measure that provides a standardised comparison of inflation across countries in the European Union.

Source: Yle

Latest stories

spot_img