Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Finland
FINCPICORAINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.45
Year-over-Year Change
24.11%
Date Range
1/1/1955 - 1/1/2024
Summary
The Consumer Price Index (CPI) for All Items Non-Food Non-Energy in Finland measures price changes for a broad basket of consumer goods and services, excluding food and energy. This metric is a key indicator of underlying inflationary 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 All Items Non-Food Non-Energy index tracks the change in prices for a wide range of consumer items, providing insight into general inflation trends in Finland. Economists and policymakers use this data to assess the health of the Finnish economy and guide monetary and fiscal policy decisions.
Methodology
The data is collected through a nationwide survey of consumer expenditures and retail prices.
Historical Context
This CPI measure is closely monitored by the European Central Bank and Finnish government for policy and market analysis purposes.
Key Facts
- The base year for this CPI series is 2015.
- Finland is a member of the Eurozone and the European Union.
- CPI data is released monthly by Statistics Finland.
FAQs
Q: What does this economic trend measure?
A: The CPI All Items Non-Food Non-Energy index measures changes in the prices of a broad basket of consumer goods and services in Finland, excluding food and energy.
Q: Why is this trend relevant for users or analysts?
A: This CPI metric provides crucial insight into underlying inflationary pressures in the Finnish economy, which is important for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer expenditures and retail prices by Statistics Finland.
Q: How is this trend used in economic policy?
A: The CPI All Items Non-Food Non-Energy index is closely monitored by the European Central Bank and Finnish government for guiding monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The CPI data is released monthly by Statistics Finland with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Finland (FINCPICORAINMEI), retrieved from FRED.