Inflation on the rise in Finland: a long battle to tame prices ahead, warns chief economist
Inflation rates in Finland have risen again in February, following a brief slowdown in January, according to the latest consumer price index from Statistics Finland. The country's inflation rate was 8.8%, with prices increasing worryingly across both goods and services. The chief economist of the Central Chamber of Commerce, Jukka Appelqvist, warns that a stable and low inflation rate is unlikely to happen in the near future. The prolonged tight monetary policy and rising interest rates could lead to a deeper recession than anticipated.