Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for Finland
00XEFDFIM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.18
Year-over-Year Change
2.75%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for Finland measures the changes in prices for a broad basket of consumer goods and services, excluding volatile energy and food components.
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
This index is a key indicator of underlying inflationary pressures in the Finnish economy. It is used by policymakers and analysts to assess core inflation trends and inform monetary policy decisions.
Methodology
The data is collected through a nationwide survey of consumer prices and calculated according to Eurostat's harmonized methodology.
Historical Context
The index is an important input for the European Central Bank's inflation monitoring and interest rate policy.
Key Facts
- Finland's core inflation rate averaged 1.2% from 2015-2020.
- The index excludes volatile food and energy prices to better reflect underlying price trends.
- The Eurostat methodology ensures cross-country comparability of the inflation data.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Overall Index 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 components.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of underlying inflationary pressures in the Finnish economy, used by policymakers and analysts to assess core inflation trends and inform 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 according to Eurostat's harmonized methodology.
Q: How is this trend used in economic policy?
A: The index is an important input for the European Central Bank's inflation monitoring and interest rate policy.
Q: Are there update delays or limitations?
A: The index data is published monthly with minimal delays, providing timely information on core inflation in Finland.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for Finland (00XEFDFIM086NEST), retrieved from FRED.