Inflation remains 0.7% in January

The year-on-year change in consumer prices was 0.7 per cent in January, according to Statistics Finland.

In December, inflation stood also at 0.7 per cent.

Consumer prices were raised most in January by increases in general hospital fees, district heat and maintenance charges from one year ago.

The rising of consumer prices from one year back was curbed most by reductions in the prices of electricity, average interest rate on housing loans and interests on consumer credit.

The month-on-month change of consumer prices was 0.2 per cent, which was caused by higher general hospital fees.

The core inflation of Consumer Price Index was 1.3 per cent. Core inflation does not include food and energy price changes, as the short-term price fluctuations in these are higher compared to other commodity groups.