tarbimishinnaindeksetel

Tarbimishinnaindeksetel, often abbreviated as TMI, is a Finnish term referring to the consumer price index. It is a key economic indicator that measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The TMI is calculated by Statistics Finland, the national statistical agency.

The basket of goods and services used in the TMI calculation is extensive and is updated periodically to reflect changes in consumption patterns. It includes items such as food, housing, transportation, clothing, healthcare, and recreation. The prices of these items are collected regularly from various retail outlets and service providers across the country.

The TMI is used for a variety of purposes. It is a crucial tool for policymakers to monitor inflation and formulate monetary and fiscal policies. Businesses use it to adjust prices, wages, and contracts. Individuals can use it to understand the change in their purchasing power over time. The annual percentage change in the TMI is commonly referred to as the inflation rate. Fluctuations in the TMI can have significant impacts on the economy and the daily lives of citizens.