Inflation climbs to 5.8% in March

The year-on-year change in consumer prices was 5.8 % in March, according to Statistics Finland.

In February, inflation stood at 4.5 %.

Consumer prices were raised most in March by increases in the prices of electricity, petrol, diesel, and capital repair on detached houses from one year ago.

The rising of consumer prices from one year back was curbed most by reductions in the prices of children’s day care, medical examination and treatment fees, average interest rate on housing loans, non-refundable prescription medicines, and regular ferry service.

The month-on-month change of consumer prices was 1.5 %, which was caused by higher prices of diesel compared to previous month, for example.