Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Finland
FINCPIENGMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.54
Year-over-Year Change
-5.58%
Date Range
1/1/1955 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Energy in Finland measures the inflation in energy-related consumer prices, including electricity, gas, and other fuels. It is a key indicator for monitoring price trends and assessing the overall cost of living.
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 Energy in Finland tracks the changes in prices paid by consumers for a basket of energy-related goods and services. It is an important economic indicator used by policymakers, analysts, and the public to understand inflationary pressures and the impact on household budgets.
Methodology
The data is collected through surveys of retailers and service providers, calculating the average change in prices over time.
Historical Context
The CPI for Energy is used to inform monetary and fiscal policies, as well as guide investment and consumption decisions.
Key Facts
- Finland's CPI for Energy has increased by 25% over the past 5 years.
- Energy accounts for approximately 10% of the average Finnish household's monthly expenditures.
- The CPI for Energy is a component of Finland's overall Consumer Price Index.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Energy in Finland measures the changes in prices paid by consumers for a basket of energy-related goods and services, including electricity, gas, and other fuels.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Energy is an important indicator for monitoring inflationary pressures and the impact on household budgets, which is crucial for policymakers, economists, and the general public.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers, calculating the average change in prices over time.
Q: How is this trend used in economic policy?
A: The CPI for Energy is used to inform monetary and fiscal policies, as well as guide investment and consumption decisions.
Q: Are there update delays or limitations?
A: The CPI for Energy data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Finland (FINCPIENGMINMEI), retrieved from FRED.