Inflation in Finland hits 40-year high ...News

The jump in consumer prices was reportedly driven by soaring electricity costs and rising mortgage rates Annual inflation in Finland accelerated to 9.1% in November, according to official data released on Wednesday. The figure represents the highest level of price growth since a 9.2% reading registered in 1983, the country’s statistics agency said in its report. Consumer prices in the country rose by 1.2% from the previous month, which, according to the agency, was mostly due to higher power prices and an increase in the average mortgage rate. Electricity costs surged 18% month-on-month and were up 66% from last y

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