Consumer price index
|Description:||The Consumer Price Index describes the price development of goods and services purchased in Finland by households resident in Finland. The Consumer Price Index is calculated with a method in which the prices of different commodities are weighed together with their shares of consumption. The calculation of the index follows Laspeyres’ price index formula whereby the shares of consumption used as the weights relate to the base period. The Consumer Price Index is used as a general measure of inflation. Consumer price indices that are reviewed at intervals of a fixed number of years are suitable for short-term examinations.
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consumer price index,
cost of living,
harmonised index of consumer prices,
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|Change:||Consumer Price Index will be renewed at the turn of the year
16 Dec 2015
The new European Classification of Individual Consumption according to Purpose (ECOICOP) supplemented with national sub-groups will be adopted in the Consumer Price Index.
Official Statistics of Finland (OSF):
Consumer price index [e-publication].
ISSN=1799-0254. Helsinki: Statistics Finland [referred: 6.12.2016].
Access method: http://www.stat.fi/til/khi/index_en.html