Home > Statistics > Consumer price index > 2007 > April > Inflation 2.6 per cent in April

Published: 14 May 2007

Inflation 2.6 per cent in April

The year-on-year change in consumer prices, i.e. inflation, calculated by Statistics Finland was 2.6 per cent in April. The year-on-year change was unchanged from March.

Consumer prices were still pushed up most in the year by increased cost of housing. Housing prices were pushed up primarily by risen housing loan interest rates, higher prices of owner-occupied flats, real estate and renovation as well as increases in electricity prices and rent. Increases in the prices of food, consumer credit and phone call charges also had an impact on inflation. In April inflation was curbed most by reductions from the year before in the prices of liquid fuels, entertainment electronics and home computers as well as reimbursable prescription medicines and used passenger cars.

From March to April, consumer prices went up by 0.5 per cent, primarily due to increases in the prices of food and housing.

Each mid-month, Statistics Finland interviewers collect around 60,000 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.

Year-on-year change in consumer prices 1/2001 - 4/2007

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

Source: Consumer Price Index 2007, April. Statistics Finland

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

Director in charge: Mr Kari Molnar

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Last updated 14.5.2007