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Published: 13 October 2006

Inflation slowed down to 1.5 per cent in September

The year-on-year change in consumer prices, i.e. inflation, calculated by Statistics Finland was 1.5 per cent in September. In August it stood at 1.9 per cent. The slowing down of inflation was primarily caused by lower prices of liquid fuels.

During the year, consumer prices were pushed up most by risen interest rates and higher prices of dwellings. Increases in the prices of food, risen restaurant and café prices as well as higher rents 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 August to September, consumer prices rose by 0.1 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 - 9/2006

Index point figures are available here (only in Finnish): Consumer Price Index 2005=100

Source: Consumer Price Index 2006, September. Statistics Finland

Inquiries: Mr Juhani Pekkarinen +358 9 1734 3476, Ms Satu Hirvijärvi +358 9 1734 3472,
khi.tilastokeskus@stat.fi

Director in charge: Kari Molnar

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Last updated 13.10.2006

Referencing instructions:

Official Statistics of Finland (OSF): Consumer price index [e-publication].
ISSN=1799-0254. September 2006. Helsinki: Statistics Finland [referred: 22.12.2024].
Access method: http://www.stat.fi/til/khi/2006/09/khi_2006_09_2006-10-13_tie_001_en.html