Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Finland
FINCPHPLA01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.80
Year-over-Year Change
64.71%
Date Range
1/1/1997 - 4/1/2025
Summary
The Consumer Price Index (CPI) Excluding Energy, Food, Alcohol and Tobacco for Finland measures changes in the prices of a broad basket of consumer goods and services, excluding volatile energy and food items. This core inflation measure provides insight into underlying price pressures in the Finnish economy.
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 Excluding Energy, Food, Alcohol and Tobacco for Finland is a key economic indicator that tracks the overall price level of consumer goods and services, excluding the more volatile food and energy components. This 'core' inflation measure is closely monitored by policymakers and analysts to gauge underlying inflationary trends.
Methodology
The data is collected through a nationwide survey of consumer prices and calculated using a weighted average of price changes.
Historical Context
Policymakers use this core CPI measure to inform monetary policy decisions and assess the broader health of the Finnish economy.
Key Facts
- Finland's core CPI excludes energy, food, alcohol and tobacco.
- The core CPI is a key indicator of underlying price pressures.
- Policymakers closely monitor the core CPI to guide monetary policy.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) Excluding Energy, Food, Alcohol and Tobacco for Finland measures changes in the prices of a broad basket of consumer goods and services, excluding volatile energy and food items.
Q: Why is this trend relevant for users or analysts?
A: This 'core' inflation measure is closely monitored by policymakers and analysts to gauge underlying inflationary trends in the Finnish economy, which is critical for informing monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices and calculated using a weighted average of price changes.
Q: How is this trend used in economic policy?
A: Policymakers use this core CPI measure to inform monetary policy decisions and assess the broader health of the Finnish economy.
Q: Are there update delays or limitations?
A: The core CPI data for Finland is published regularly with minimal delays, providing timely insight into underlying inflationary pressures.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Finland (FINCPHPLA01GYM), retrieved from FRED.