Kuluttajalevy

Kuluttajalevy, also known as the Consumer Price Index (CPI) in English, is a statistical measure that tracks the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. It is widely used to monitor inflation and adjust various economic indicators, such as wages and pensions, to maintain their real value.

The Kuluttajalevy is calculated by Statistics Finland, the national statistical office of Finland. It is based on a representative sample of households, which includes both urban and rural areas. The index is revised annually to reflect changes in the consumption patterns of Finnish households.

The Kuluttajalevy is divided into several sub-indices, each covering a specific category of goods and services, such as food, housing, and transportation. These sub-indices provide more detailed information about the factors driving inflation and can be used to identify areas where policy interventions may be needed.

The Kuluttajalevy is an important tool for policymakers, businesses, and consumers alike. For policymakers, it helps to identify inflationary pressures and guide monetary policy. For businesses, it provides insights into the cost of doing business and the potential impact of inflation on their profits. For consumers, it helps to understand the real value of their income and make informed decisions about spending and saving.

In summary, Kuluttajalevy is a crucial economic indicator that provides valuable insights into the cost of living, inflation, and the overall health of the Finnish economy. It is a key tool for policymakers, businesses, and consumers, and is widely used to inform economic policy and decision-making.