Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing for Finland
FINCPGRHO01IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.60
Year-over-Year Change
15.50%
Date Range
10/1/1957 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Housing in Finland measures changes in the prices of housing-related goods and services. This key economic indicator provides insights into inflationary pressures and the cost of living for Finnish consumers.
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 CPI for Housing in Finland is a subcomponent of the broader Consumer Price Index, which tracks price changes across a basket of consumer goods and services. The Housing CPI specifically focuses on the costs associated with shelter, utilities, furnishings, and household operations.
Methodology
The data is collected through surveys of Finnish households and businesses.
Historical Context
Policymakers and economists monitor the Housing CPI to assess broader inflationary trends and the financial well-being of Finnish consumers.
Key Facts
- The Housing CPI accounts for over 25% of the total Finnish CPI basket.
- Housing costs are the largest expense for the average Finnish household.
- Finland's Housing CPI has shown moderate annual growth of 2-3% in recent years.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Housing in Finland measures changes in the prices of housing-related goods and services, including shelter, utilities, furnishings, and household operations.
Q: Why is this trend relevant for users or analysts?
A: The Housing CPI provides important insights into inflationary pressures and the cost of living for Finnish consumers, making it a key indicator monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Finnish households and businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the Housing CPI to assess broader inflationary trends and the financial well-being of Finnish consumers, informing decision-making on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Housing CPI data is released on a monthly basis with minimal delays, providing timely insights into housing-related price changes in Finland.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing for Finland (FINCPGRHO01IXOBQ), retrieved from FRED.