Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Finland
FINCP040500GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.09
Year-over-Year Change
-67.82%
Date Range
1/1/2006 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Finland measures changes in the prices paid by consumers for these key energy sources. This economic indicator is closely watched by policymakers and analysts to assess inflationary pressures and consumer purchasing power.
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 COICOP (Classification of Individual Consumption by Purpose) 1999 Consumer Price Index for Electricity, Gas and Other Fuels in Finland is a key component of the overall CPI. It tracks the monthly changes in the prices of household utilities and is an important barometer of living costs and consumer sentiment.
Methodology
The data is collected through regular surveys of retail prices paid by Finnish households.
Historical Context
This CPI sub-index is used by the Bank of Finland and other institutions to monitor inflation and make informed economic policy decisions.
Key Facts
- Finland's CPI for Electricity, Gas and Other Fuels has a base year of 1999.
- Energy costs make up a significant portion of the average Finnish household's expenditures.
- This CPI sub-index is a key input for the Bank of Finland's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Finland measures the monthly changes in the prices paid by consumers for these key household energy sources.
Q: Why is this trend relevant for users or analysts?
A: This CPI sub-index is an important indicator of inflationary pressures and consumer purchasing power, and is closely watched by policymakers and economists in Finland.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of retail prices paid by Finnish households.
Q: How is this trend used in economic policy?
A: The Bank of Finland and other institutions use this CPI sub-index to monitor inflation and make informed monetary policy decisions.
Q: Are there update delays or limitations?
A: The CPI for Electricity, Gas and Other Fuels in Finland is reported on a monthly basis with minimal delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Finland (FINCP040500GYM), retrieved from FRED.