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Published: 13 April 2006

Inflation 0.9 per cent in March

The year-on-year change in consumer prices, i.e. inflation, calculated by Statistics Finland was in March the same as in February, 0.9 per cent.

Consumer prices were pushed up most in the year by higher prices of liquid fuels. Risen prices of dwellings, increased rents and higher restaurant prices and risen public transport prices also had an impact on inflation. The rise of consumer prices was curbed by lower telephone call charges and fallen prices of vegetables and passenger cars from the year before.

From February to March, consumer prices rose by 0.3 per cent, which was principally due to the ending of clothes sales.

Each mid-month, Statistics Finland interviewers collect around 50,000 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 - 3/2006

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

Consumer Price Index revised

The commodity basket and weight structure of the Consumer Price Index were revised to correspond to the consumption structure of the year 2005. The first new index, Consumer Price Index 2005=100, for January 2006 was released on 17 February 2006.

Source: Consumer Price Index 2006, March. Statistics Finland

Inquiries: Mr Juhani Pekkarinen +358 9 1734 3476, Mr Timo Koskimäki +358 9 1734 3479, khi.tilastokeskus@stat.fi

Director in charge: Mr Kari Molnar

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Last updated 13.4.2006