Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Finland
FINCPHP0100GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.60
Year-over-Year Change
-252.94%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages in Finland measures changes in the prices paid by consumers for food and non-alcoholic beverage items. This metric is a key indicator of inflationary trends in the Finnish consumer 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
The CPI for Food and Non-Alcoholic Beverages in Finland is a subcomponent of the broader Consumer Price Index, which tracks the weighted average change in prices for a basket of consumer goods and services. This food-specific index is used by economists and policymakers to assess the cost-of-living and monitor price stability.
Methodology
The data is collected through a survey of retail establishments and service providers, then aggregated and indexed to track price changes over time.
Historical Context
Central banks and government agencies rely on CPI data to inform monetary and fiscal policies aimed at maintaining low and stable inflation.
Key Facts
- Finland's CPI for Food and Non-Alcoholic Beverages is measured monthly.
- This index accounts for approximately 16% of the total Finnish CPI basket.
- Prices of food and non-alcoholic beverages make up a significant portion of household budgets.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages in Finland tracks changes in the prices paid by consumers for food and non-alcoholic beverage items.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of inflationary pressures in the Finnish consumer market and is used by economists and policymakers to assess the cost-of-living and monitor price stability.
Q: How is this data collected or calculated?
A: The data is collected through a survey of retail establishments and service providers, then aggregated and indexed to track price changes over time.
Q: How is this trend used in economic policy?
A: Central banks and government agencies rely on CPI data, including the Food and Non-Alcoholic Beverages index, to inform monetary and fiscal policies aimed at maintaining low and stable inflation.
Q: Are there update delays or limitations?
A: The CPI for Food and Non-Alcoholic Beverages in Finland is reported monthly, with a typical update delay of 2-3 weeks.
Related Trends
Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 74 Years for Finland
LRUN74FEFIA156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Finland
FINCPICORAINMEI
Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Finland
LFEM55MAFIA647N
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Finland
LREM24MAFIA156N
Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Finland
LRUN74TTFIQ156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Finland
CPGREN01FIA659N
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Finland (FINCPHP0100GYM), retrieved from FRED.