Year-on-year change in preliminary harmonised index of consumer prices 0.5 per cent in May 2024

Release related to topics:Prices and consumptionEnergy
release | Consumer price index 2024, May

Correction

Adjustment of the price index of electricity in the releases of the Consumer Price Index and the Harmonised Index of Consumer Prices for August 2023
Read more about the correction

According to Statistics Finland's preliminary data, the year-on-year change in the Harmonised Index of Consumer Prices stood at 0.5 per cent in May. In April, the year-on-year change in the Harmonised Index of Consumer Prices stood at 0.6 per cent.

Key selections

  • According to the preliminary data on the Harmonised Index of Consumer Prices, the month-on-month change was 0.0 per cent in May.
  • In May, the biggest year-on-year change, 7.9 per cent was in the division 10 Education.
  • Preliminary data become specified after the statistical month, when the data collection is completed at the end of the month.

Differences in the Harmonised Index of Consumer Prices and Consumer Price Index

The Harmonised Index of Consumer Prices (HICP) does not include owner-occupancy, games of chance, interests on consumption and other credits, fire insurance on owner-occupied dwellings, the vehicle tax or fishing and hunting fees. The consumption items included in the Harmonised Index of Consumer Prices, as well as the rules governing its compilation, have been defined in EU regulations.

Database tables

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Updated database tables
Classifications used:
  • Index series
  • Commodity
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Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Official Statistics of Finland (OSF): Consumer price index [online publication].
Reference period: 2024, May. ISSN=1799-0254. Helsinki: Statistics Finland [Referenced: 14.11.2024].
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Statistical experts

Inquiries primarily

Kristiina Nieminen
Senior Statistician
029 551 2957

Other experts

Hannele Markkanen
Senior Statistician
029 551 3358

Head of Department in charge

Hannele Orjala
Head of Department in charge
029 551 3582