HELSINKI: The year-on-year change in consumer prices calculated by Statistics Finland was -0.1 per cent in June. The inflation stood at -0.0 per cent In May.
The slight decline in inflation was influenced, for example, by decreases in the consumer prices of liquid fuels, housing loan interest rates, and subscriptions of periodicals from one year ago. Consumer prices were raised in June by increases in maintenance charges, rents and vehicle tax from one year ago.
Compared to one year ago, the biggest decreases were recorded in the consumer prices of liquid fuels, housing loan interest rates, and subscriptions of periodicals.During the month, the most rise was visible in the consumer prices of international air transport and package tours within the EU.The biggest drop was seen in the consumer prices of cigarettes and housing loan interest rates. The consumer prices changed by 0.0 per cent from May to June period.
The rate of inflation in the euro area was 0.2 per cent in June, according to the preliminary data on the Harmonised Index of Consumer Prices.