Harmonized Index of Consumer Prices: Household Textiles for Finland
CP0520FIM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.28
Year-over-Year Change
0.79%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Household Textiles in Finland measures changes in the prices of textile products purchased by Finnish households. This index is a key indicator of inflation and consumer spending patterns in Finland.
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 Household Textiles in Finland is part of the broader HICP, which is a harmonized measure of consumer price inflation across the European Union. This sub-index focuses specifically on the prices of textile products like bedding, curtains, and other household soft furnishings.
Methodology
The data is collected through regular surveys of retail establishments and households in Finland.
Historical Context
This index is widely used by policymakers, economists, and investors to analyze the Finnish economy and consumer market.
Key Facts
- The base year for the HICP is 2015 = 100.
- Household Textiles account for around 3.5% of the total HICP basket in Finland.
- Finland's HICP for Household Textiles has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Household Textiles in Finland measures changes in the prices of textile products purchased by Finnish households.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and consumer spending patterns in Finland, and is widely used by policymakers, economists, and investors to analyze the Finnish economy.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of retail establishments and households in Finland.
Q: How is this trend used in economic policy?
A: The HICP for Household Textiles in Finland is used by policymakers, economists, and investors to analyze the Finnish economy and consumer market.
Q: Are there update delays or limitations?
A: The HICP data for Finland is typically released on a monthly basis with minimal delay.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Finland
FINCPHP0403GYM
International Merchandise Trade Statistics: Trade Balance: Commodities for Finland
FINXTNTVA01CXMLM
Ease of doing business index for Finland
ICBUSEASEXQFIN
Infra-Annual Labor Statistics: Employment Female: From 15 to 64 Years for Finland
LFEM64FEFIA657S
Geographical Outreach: Number of Credit Unions and Financial Cooperatives for Finland
FINFCIODUNUM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Finland
CPALTT01FIM659N
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Household Textiles for Finland (CP0520FIM086NEST), retrieved from FRED.