indekehityksen
Indekehityksen is a Finnish term that translates loosely to "indexation" or "indexing" in English, particularly in the context of economic and financial matters. It refers to the process of adjusting monetary values, such as wages, pensions, taxes, or prices, based on changes in a specific price index. The most common index used for indekehityksen is the consumer price index (CPI), which measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.
The primary purpose of indekehityksen is to maintain the real value of these monetary amounts, protecting them
In Finland, indekehityksen has been a significant feature of the social and economic system for many decades.