Harmonized Index of Consumer Prices: Bread and Cereals for Finland
CP0111FIM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.02
Year-over-Year Change
0.16%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Bread and Cereals in Finland measures the price changes of bread, grains, and related products. This key indicator provides insights into inflationary trends and consumer purchasing power within the Finnish food market.
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 for Bread and Cereals in Finland is part of the broader HICP, which tracks the changes in the prices of a basket of consumer goods and services across the European Union. The Bread and Cereals index specifically monitors the prices of items like bread, pasta, rice, and other grain-based foods, which are staple purchases for Finnish households.
Methodology
The data is collected by Statistics Finland through surveys of retail outlets and service providers.
Historical Context
The HICP is a critical metric used by the European Central Bank to assess inflation and guide monetary policy decisions.
Key Facts
- Finland's HICP for Bread and Cereals has a base year of 2015.
- Bread and cereals account for approximately 5% of the total HICP basket in Finland.
- The HICP measures price changes, not the actual price levels.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Bread and Cereals in Finland measures the changes in the prices of bread, grains, and related food products over time.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Bread and Cereals is a key indicator of inflationary pressures and consumer purchasing power within the Finnish food market, providing valuable insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by Statistics Finland through surveys of retail outlets and service providers.
Q: How is this trend used in economic policy?
A: The HICP is a critical metric used by the European Central Bank to assess inflation and guide monetary policy decisions across the European Union.
Q: Are there update delays or limitations?
A: The HICP data is typically released on a monthly basis, with a short publication delay.
Related Trends
National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Finland
NAEXKP02FIQ659S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Finland
CPALTT01FIA659N
Producer Prices Index: Type of Goods: Durable Consumer Goods: Total for Finland
PITGCD01FIQ661N
Leading Indicators OECD: Component series: BTS - Production: Original series for Finland
FINLOCOBPORSTSAM
Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 64 Years for Finland
LRAC64MAFIQ156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Finland
FINCP030000IXOBQ
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Bread and Cereals for Finland (CP0111FIM086NEST), retrieved from FRED.