Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Finland
FINCP080000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.09
Year-over-Year Change
106.67%
Date Range
1/1/2010 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Communication in Finland measures the change in prices paid by consumers for communication-related goods and services. This key economic indicator provides insights into inflationary pressures and consumer 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 Communication CPI for Finland is part of the broader Consumer Price Indices (CPIs) and Harmonized Indices of Consumer Prices (HICPs) that track price changes across various consumer expenditure categories. This specific index focuses on the communication sector, which includes services like telephone, internet, and postal charges.
Methodology
The data is collected through regular price surveys of a representative basket of communication goods and services.
Historical Context
The Communication CPI is used by policymakers, economists, and market analysts to assess inflation trends and inform economic decision-making.
Key Facts
- The Communication CPI has a base year of 2015.
- Communication accounts for approximately 3.5% of the total Finnish consumer expenditure basket.
- Prices for communication services have generally increased at a slower rate than the overall CPI in Finland.
FAQs
Q: What does this economic trend measure?
A: The Communication CPI for Finland measures the change in prices paid by consumers for communication-related goods and services, such as telephone, internet, and postal charges.
Q: Why is this trend relevant for users or analysts?
A: The Communication CPI provides insights into inflationary pressures and consumer purchasing power within the communication sector, which is an important component of the overall cost of living.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys of a representative basket of communication goods and services.
Q: How is this trend used in economic policy?
A: The Communication CPI is used by policymakers, economists, and market analysts to assess inflation trends and inform economic decision-making.
Q: Are there update delays or limitations?
A: The Communication CPI data is typically published on a monthly basis, with some potential for minor delays in data release.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Finland (FINCP080000CTGYM), retrieved from FRED.