Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Finland
FINCPICORMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.05
Year-over-Year Change
0.82%
Date Range
1/1/1955 - 3/1/2025
Summary
The Consumer Price Index (CPI) for All Items Non-Food Non-Energy in Finland measures changes in the prices of goods and services, excluding food and energy, that Finnish consumers purchase. This metric is a key indicator of underlying domestic inflationary pressures.
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 All Items Non-Food Non-Energy in Finland is a subcategory of the overall Consumer Price Index that excludes the volatile food and energy sectors. It provides a more stable measure of core inflation, which is crucial for guiding monetary policy and understanding broader economic trends.
Methodology
The data is collected through a nationwide survey of consumer purchases and calculated according to international standards.
Historical Context
Policymakers and analysts use this metric to gauge inflationary pressures and make informed decisions about monetary and fiscal policies.
Key Facts
- Finland's CPI for All Items Non-Food Non-Energy has averaged 0.7% over the past decade.
- This metric excludes the volatile food and energy sectors, providing a more stable measure of underlying inflation.
- The CPI for All Items Non-Food Non-Energy is a key input for the European Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for All Items Non-Food Non-Energy in Finland measures changes in the prices of goods and services, excluding food and energy, that Finnish consumers purchase.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a more stable measure of core inflation, which is crucial for guiding monetary policy and understanding broader economic trends in Finland.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer purchases and calculated according to international standards.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge inflationary pressures and make informed decisions about monetary and fiscal policies in Finland.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule with minimal delays, providing timely insights into Finland's core inflation dynamics.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Finland (FINCPICORMINMEI), retrieved from FRED.