Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Finland
CPGRLE01FIQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.15
Year-over-Year Change
216.61%
Date Range
1/1/1960 - 7/1/2023
Summary
The Consumer Price Index (CPI): OECD Groups: All Items Non-Food Non-Energy: Total for Finland measures the changes in prices for a broad basket of consumer goods and services in Finland, excluding food and energy costs.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This CPI metric is a key indicator of inflation and purchasing power trends in the Finnish economy. It is widely used by policymakers, economists, and market analysts to assess the underlying cost-of-living pressures and make informed decisions.
Methodology
The data is collected through a national survey of consumer expenditures and retail prices.
Historical Context
The CPI for Finland is a vital input for the European Central Bank's monetary policy decisions.
Key Facts
- The base year for the Finnish CPI is 2015.
- Finland's CPI excluding food and energy has remained relatively stable in recent years.
- This metric is released monthly by the OECD.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI): OECD Groups: All Items Non-Food Non-Energy: Total for Finland measures the changes in prices for a broad basket of consumer goods and services in Finland, excluding food and energy costs.
Q: Why is this trend relevant for users or analysts?
A: This CPI metric is a key indicator of inflation and purchasing power trends in the Finnish economy, used by policymakers, economists, and market analysts to assess the underlying cost-of-living pressures.
Q: How is this data collected or calculated?
A: The data is collected through a national survey of consumer expenditures and retail prices.
Q: How is this trend used in economic policy?
A: The CPI for Finland is a vital input for the European Central Bank's monetary policy decisions.
Q: Are there update delays or limitations?
A: This metric is released monthly by the OECD.
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Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Finland (CPGRLE01FIQ657N), retrieved from FRED.