Harmonized Index of Consumer Prices: Electricity for Finland
CP0451FIM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.50
Year-over-Year Change
-11.50%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Electricity in Finland measures changes in the price level of electricity paid by Finnish consumers. This key indicator helps economists and policymakers track inflation and household 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 HICP for Electricity in Finland is a component of the broader HICP, which is the European Union's primary measure of consumer price inflation. It represents the price changes for residential electricity, including taxes and levies, experienced by Finnish households.
Methodology
The data is collected through surveys of electricity providers and consumers by Statistics Finland.
Historical Context
Electricity prices are an important factor in assessing the cost of living and overall economic conditions in Finland.
Key Facts
- Finland has one of the highest household electricity prices in the European Union.
- Electricity accounts for about 3% of the average Finnish household's consumer expenditure.
- Renewable energy sources make up over 40% of Finland's electricity generation mix.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Electricity in Finland measures changes in the price level of electricity paid by Finnish consumers.
Q: Why is this trend relevant for users or analysts?
A: Electricity prices are an important component of the cost of living and overall inflation in Finland, making this HICP trend relevant for economists, policymakers, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of electricity providers and consumers by Statistics Finland.
Q: How is this trend used in economic policy?
A: Electricity prices are closely monitored by the Finnish government and the European Central Bank as part of their efforts to track and manage consumer price inflation.
Q: Are there update delays or limitations?
A: The HICP for Electricity in Finland is published monthly with a lag of approximately two months.
Related Trends
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LFEMTTTTFIA657S
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Finland
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Total Credit to Non-Financial Sector, Adjusted for Breaks, for Finland
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Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Finland
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Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Finland
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Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for Finland
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Electricity for Finland (CP0451FIM086NEST), retrieved from FRED.