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002 -- Harmonised Index of Consumer Prices (HICP) and Harmonised Index of Consumer Prices at Constant Taxes (HICP-CT) 2015=100

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Statistics Finland
No
5/14/2019
Point figure, per cent, per cent unit
6/14/2019
5/14/2019
Yes
Statistics Finland
khi_002_201904
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Description of statistics
Concepts and definitions
Methodological descriptions

Index

An index is a ratio describing the relative change in a variable (e.g. price, volume or value) compared to a certain base period (e.g. one year). The index point figure for each point in time tells what percentage the given examined variable is of its respective value or volume at the base point in time. The mean of the index point figures for the base period is 100.

Information

Point figure

Point figure is a change quantity used in price indices, which expresses the price, average price or index of the reference period relative to the price, average price or index of the base period. The point figure of the base period is usually denoted by the number hundred. For example, if the point figure of the commodity is 105.3 in a certain period, it means that the price of the commodity has risen by 5.3 per cent from the base period.