Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Finland
CP0430FIM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.63
Year-over-Year Change
3.35%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Finland measures changes in the prices of maintenance and repair services for Finnish households. This trend is a key indicator of inflation within the domestic housing 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of consumer price inflation across the European Union. The Maintenance and Repair of the Dwelling component tracks price changes for services related to home upkeep, such as plumbing, electrical work, and other household repairs.
Methodology
The data is collected through a nationwide survey of consumer prices by Statistics Finland.
Historical Context
Policymakers and analysts use this HICP sub-index to assess domestic price pressures and inflationary trends within the Finnish housing sector.
Key Facts
- The index has a base year of 2015 = 100.
- Finland's Maintenance and Repair HICP reached a high of 103.7 in January 2023.
- This sub-index accounts for approximately 3.3% of the total Finnish HICP basket.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Finland measures changes in the prices of household maintenance and repair services in the country.
Q: Why is this trend relevant for users or analysts?
A: This HICP sub-index provides insight into domestic inflationary pressures within the Finnish housing sector, which is a key component of overall consumer price dynamics.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices by Statistics Finland.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP sub-index to assess price developments within the Finnish housing market and its impact on overall inflation.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 2-3 weeks from the reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Finland (CP0430FIM086NEST), retrieved from FRED.