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Fri, 08 Jan, 2016 12:11:15 AM FTimes – Report, Jan 8
Statistics Finland will interview over 8,000 households in 2016 to examine how much money Finns spend on food, housing, transport, recreation and healthcare.
Interviews will be carried out throughout 2016 in order to collect data on the variation in consumption according to seasons for the Household Budget Survey, said a press release.
In addition to the interview, households will collect receipts on their daily consumption for two weeks.
"The Household Budget Survey examines, for example, what the costs of living are in different areas of Finland or how consumption differs among people living alone and families with children", explains Statistics Finland’s Senior Statistician Tarja Hatakka.
The households that are selected for the survey are drawn randomly and a household that has been picked cannot be replaced with another for statistical reasons, according to the statistician.
“..Due to reliability of data, it is thus very important that households participate in the survey," Hatakka points out.
Statistics Finland's own interviewers that live across Finland are responsible for the data collection.
Apart from comparisons of consumption expenditure between different population groups, the data collected in the survey will also be utilised for many other statistics and studies.
The consumer price index that measures price development and inflation uses the Household Budget Survey as background information, said the release.
National Accounts also utilises the data on spending by Finns when calculating private consumption. Private consumption forms more than one-half of the value of GDP.
The Household Budget Survey is carried out in all EU Member States and many other countries of the world. Household Budget Surveys have been conducted in Finland since 1966. The previous survey year was 2012.
The results from the 2016 survey will be published as statistics and articles during 2017 and 2018.
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