|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.
Read full description >>>
consumer price index,
cost of living,
harmonised index of consumer prices,
Statistics by keywords >>>
|Change:||Reviews to the compilation of the Consumer Price Index at the turn of the year
18 Jan 2013
The compilation of the Consumer Price Index will be reviewed starting from the Index for January 2013 so that the Index becomes an annual chain-linked index.