In May, the consumer price index was affected the most by food
According to Statistics Estonia, the change of the consumer price index in May 2017 was 0.2% compared to April 2017 and 3.3% compared to May of the previous year.
Compared to May 2016, goods were 3.8% and services 2.4% more expensive. Regulated prices of goods and services have risen by 5.0% and non-regulated prices by 2.8% compared to May of the previous year.
Compared to May 2016, the consumer price index was affected the most by the 6.1% more expensive food and non-alcoholic beverages, which contributed more than 40% of the total growth of the index. Milk, dairy products and eggs were 8.6%, fruit 11.7% and sugar and confectionery 7% more expensive than a year earlier. Motor fuel contributed nearly a fifth of the total growth of the index. Compared to May 2016, diesel fuel was 14.9% and petrol 9.8% more expensive. A greater impact was made also by alcoholic beverages and tobacco, which were respectively 3.6% and 14.5% more expensive than a year earlier.
In May, compared to April, the consumer price index was also affected the most by food. Fruit were 9.4% and meat and meat products 1.9% more expensive than a month earlier. A greater impact on the change of the index was made also by the less expensive motor fuel. In May, petrol was 3% and diesel fuel 3.5% less expensive than in April.
|Commodity group||May 2016 – May 2017, %||April 2017 – May 2017, %|
|Food and non-alcoholic beverages||6.1||1.3|
|Alcoholic beverages and tobacco||6.6||1.5|
|Clothing and footwear||2.5||0.2|
|Recreation and culture||-0.6||-1.0|
|Hotels, cafés and restaurants||6.0||1.6|
|Miscellaneous goods and services||4.0||0.8|
Statistics Estonia publishes the consumer price index on the 5th working day of each month, after the end of the reporting period. For the statistical activity “Consumer price index”, the main representative of public interest is the Ministry of Finance, commissioned by whom Statistics Estonia collects and analyses the data necessary for conducting the statistical activity.
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