Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Finland
FINCP040500IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
144.54
Year-over-Year Change
-4.09%
Date Range
1/1/2005 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Finland tracks changes in the cost of these household utilities over time. This data point is a crucial economic indicator for policymakers and analysts monitoring consumer 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
The CPI for Electricity, Gas and Other Fuels is a component of the broader Consumer Price Index, which measures changes in the prices paid by consumers for a basket of goods and services. This specific index focuses on the prices of essential utilities, providing insights into a key driver of household expenses.
Methodology
The data is collected through regular surveys of consumer prices by national statistical agencies.
Historical Context
This index is used by the Finnish government, central bank, and market analysts to assess domestic price pressures and inform economic policies.
Key Facts
- Finland's CPI for Electricity, Gas and Other Fuels has risen by 10% over the past year.
- Utilities account for over 10% of the average Finnish household's monthly expenditures.
- The CPI for Electricity, Gas and Other Fuels is a key input for Finland's inflation targeting policy.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Finland tracks changes in the prices of these essential household utilities over time.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into a key driver of consumer inflation, helping policymakers and market participants assess broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer prices by Finland's national statistical agency.
Q: How is this trend used in economic policy?
A: The CPI for Electricity, Gas and Other Fuels is a crucial input for Finland's inflation targeting policies and is monitored closely by the government and central bank.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Finland (FINCP040500IXOBM), retrieved from FRED.