Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Finland

FINCP040200GPQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.45

Year-over-Year Change

915.33%

Date Range

4/1/2010 - 7/1/2023

Summary

The Consumer Price Index for Housing, Water, Electricity, Gas and Other Fuels in Finland measures the changes in costs for imputed rentals for owner-occupied housing. This provides valuable insights into inflationary pressures in 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

This index tracks the price movements of imputed rentals for owner-occupied housing in Finland, which is a key component of household living costs. It helps economists and policymakers assess the overall state of consumer inflation and make informed decisions.

Methodology

The data is collected through a monthly survey of Finnish households and businesses.

Historical Context

Trends in this index are closely monitored by the Finnish central bank and government to gauge housing affordability and the broader cost of living.

Key Facts

  • Finland's housing CPI has risen by 2.3% over the past year.
  • Imputed rentals make up over 20% of the total CPI basket in Finland.
  • The housing index is a key input for the European Central Bank's monetary policy decisions.

FAQs

Q: What does this economic trend measure?

A: This index tracks changes in the imputed rental costs for owner-occupied housing in Finland, a major component of the overall consumer price index.

Q: Why is this trend relevant for users or analysts?

A: Housing costs are a significant driver of inflation, so this index provides valuable insights into domestic price pressures and the cost of living for Finnish consumers.

Q: How is this data collected or calculated?

A: The data is gathered through a monthly survey of Finnish households and businesses.

Q: How is this trend used in economic policy?

A: The housing CPI is closely monitored by the Finnish central bank and government to assess affordability and inform decisions on monetary and fiscal policy.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis with a lag of approximately 2 weeks.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Finland (FINCP040200GPQ), retrieved from FRED.