Official Statistics of Finland

Consumer price index

Producer: Statistics Finland

Latest release:
Inflation 0,3 per cent in April
13 May 2016
The year-on-year change in consumer prices calculated by Statistics Finland was 0.3 per cent in April. In March, inflation stood at -0.0 per cent. The slight rise in inflation was influenced, for example, by increases in the consumer prices of the vehicle tax, maintenance charges, hospital fees and reimbursable prescription medicines from one year ago. Starting from January, the changes in consumer prices are calculated based on the new base year of the Consumer Price Index 2015=100.

Next release:
14 Jun 2016

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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Keywords: consumer price index, consumer prices, cost of living, cost-of-living index, harmonised index of consumer prices, indices, inflation, international comparison, price indices, 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.

Referencing instructions:

Official Statistics of Finland (OSF): Consumer price index [e-publication].
ISSN=1799-0254. Helsinki: Statistics Finland [referred: 29.5.2016].
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