Consumer price index

Producer:	Statistics Finland
Data:	Latest release: Inflation slowed down to 2.9 per cent in December 13 Jan 2012 The year-on-year change in consumer prices, i.e. inflation, calculated by Statistics Finland slowed down to 2.9 per cent in December. In November, it stood at 3.4 per cent. Inflation slowed down above all because the rising of liquid fuel prices eased off. The average inflation rate in 2011 was 3.4 per cent. Next release: 20 Feb 2012
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 >>>
Change:	Review of the Consumer Price Index at the turn of the year 18 Nov 2010 The commodity basket and the weight structure of the Consumer Price Index will be reviewed to correspond with the structure of consumption in 2010.

Referencing instructions:

Official Statistics of Finland (OSF): Consumer price index [e-publication].
ISSN=1799-0254. Helsinki: Statistics Finland [referred: 9.2.2012].
Access method: http://www.stat.fi/til/khi/index_en.html.

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Consumer price index

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