Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Finland
FINCP090000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.11
Year-over-Year Change
-67.89%
Date Range
1/1/2010 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Recreation and Culture in Finland measures changes in the prices of recreational and cultural goods and services. This metric is a key indicator of consumer spending and inflationary trends.
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 Recreation and Culture in Finland is a subcomponent of the broader Consumer Price Index, which tracks the changes in retail prices paid by Finnish consumers. This specific index focuses on prices for items related to leisure activities, entertainment, and cultural participation.
Methodology
The data is collected through a survey of retail establishments and service providers across Finland.
Historical Context
The CPI for Recreation and Culture is used by policymakers and economists to assess consumer demand and inflationary pressures.
Key Facts
- The CPI for Recreation and Culture makes up around 9% of the total Finnish CPI basket.
- Prices for this index have risen by an average of 2.5% annually over the past decade.
- Recreational activities and cultural services account for the largest share of household spending in this index.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Recreation and Culture in Finland measures the changes in retail prices for goods and services related to leisure activities, entertainment, and cultural participation.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into consumer spending patterns and inflationary pressures in the Finnish economy, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through a survey of retail establishments and service providers across Finland.
Q: How is this trend used in economic policy?
A: The CPI for Recreation and Culture is used by the Finnish government and central bank to assess consumer demand and inflationary trends, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The CPI for Recreation and Culture is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Finland (FINCP090000CTGYM), retrieved from FRED.