Finland's producer price inflation accelerated in April to the highest level in more than three years, data from Statistics Finland showed on Monday.
The producer price index rose 4.6% year-on-year in April, accelerating from a 2.6% increase in March and marking the strongest growth since February 2023, when prices climbed 9.2%.
The statistics agency said the increase was driven in particular by higher prices for refined petroleum products and basic precious and other non-ferrous metals.
Prices in the utility sector rebounded 6.3% from a year earlier after a sharp 34.3% decline in March. Mining and quarrying prices edged up 0.2%, compared with a 0.7% fall the previous month.
The increase in producer prices was partly offset by lower prices for paper and paper products as well as other chemical products compared with a year earlier.
On a monthly basis, producer prices rose 1.2% in April after increasing 1.4% in March.
Separate data showed export prices increased 3.7% year-on-year in April, while import prices were up 6.7%.
