Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Non-Durables Only for Finland
IGDXENFIM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.55
Year-over-Year Change
1.23%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Non-Energy Industrial Goods, Non-Durables Only for Finland measures changes in the prices of non-energy industrial goods and non-durable consumer products in Finland. This metric is a key indicator of domestic inflation 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 HICP is a standardized measure of consumer price inflation across the European Union. The Non-Energy Industrial Goods, Non-Durables Only series specifically tracks price changes for a basket of non-energy industrial and non-durable consumer goods, providing insight into underlying inflationary pressures in the Finnish economy.
Methodology
The data is collected through consumer surveys and business reporting, then aggregated and adjusted by Eurostat.
Historical Context
Policymakers at the European Central Bank closely monitor HICP data to guide monetary policy decisions.
Key Facts
- Finland's HICP Non-Energy Industrial Goods, Non-Durables Only was 101.91 in January 2023.
- This index has risen by 3.2% over the past year, indicating moderate inflationary pressures.
- The index reached a record high of 102.51 in November 2022.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) Non-Energy Industrial Goods, Non-Durables Only for Finland measures changes in the prices of non-energy industrial goods and non-durable consumer products in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into underlying inflationary pressures in the Finnish economy, which is a key consideration for policymakers at the European Central Bank in setting monetary policy.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and business reporting, then aggregated and adjusted by Eurostat.
Q: How is this trend used in economic policy?
A: The European Central Bank closely monitors HICP data, including this series, to guide its monetary policy decisions for the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat, with a typical lag of around 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Non-Durables Only for Finland (IGDXENFIM086NEST), retrieved from FRED.