Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Finland
FINCP040200GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.61
Year-over-Year Change
-53.75%
Date Range
2/1/2010 - 11/1/2023
Summary
The Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Finland measures the price changes of imputed rentals for housing in Finland. This key indicator provides insights into the cost of housing and utilities, which are essential components of consumer spending and inflation.
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 economic trend represents the imputed rentals for housing, a crucial component of the Finnish consumer price index. It captures the estimated rental value of owner-occupied housing, which is an important factor in understanding the overall cost of living and inflationary pressures in the Finnish economy.
Methodology
The data is collected and calculated by Statistics Finland as part of the national consumer price index.
Historical Context
This trend is widely used by policymakers, economists, and market analysts to assess housing affordability and the broader cost of living in Finland.
Key Facts
- Finland's housing costs account for over 20% of the consumer price index.
- Imputed rentals for housing have increased by 2.5% annually on average over the past decade.
- The housing component is a key driver of overall inflation in the Finnish economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the price changes of imputed rentals for housing in Finland, which represents the estimated rental value of owner-occupied dwellings.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the cost of housing and utilities, which are essential components of consumer spending and inflation in the Finnish economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Finland as part of the national consumer price index.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, economists, and market analysts to assess housing affordability and the broader cost of living in Finland.
Q: Are there update delays or limitations?
A: The data is published monthly by Statistics Finland with minimal update delays, providing timely insights into the Finnish housing market and cost of living.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Finland (FINCP040200GPM), retrieved from FRED.