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Price index of electricity corrected in the Harmonised Index of Consumer Prices; also has an effect on total inflation

Statistics Finland has corrected the sub-index of electricity included in the Harmonised Index of Consumer Prices in the preliminary data for August. The effect of the correction on the preliminary estimate of the Harmonised Index of Consumer Prices is 0.70 percentage points of total inflation in August. According to preliminary data, without the adjustment, the year-on-year change in the Harmonised Index of Consumer Prices would have been 4.05 per cent, while with the adjustment the year-on-year change is 3.35 per cent. ....

Kristiina Nieminen , Statistical Office Of The European Communities , Harmonised Index , Consumer Prices , Statistics Finland , Consumer Price Index , Statistical Office , Senior Statistician Kristiina Nieminen ,