Finland's producer prices fell 0.4% annually in May, marking the slowest decline in over a year.
Finland's producer prices fell 0.4% annually in May, marking the slowest decline in over a year, with basic metals, paper, and chemical products driving the decrease. Domestic producer prices rose 0.4% yearly while export product prices dropped 1.7%. Finland's import price index also improved from -2.1% in April to -1.2% in May. These signs suggest a gradual recovery in Finland's trade dynamics and a potential easing of deflationary pressures.
June 24, 2024
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