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In June, motor fuel and electricity had the biggest impact on the consumer price index

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Posted on 7. July 2021 8:00

According to Statistics Estonia, in June 2021, the consumer price index increased by 1.2% compared to May 2021 and by 3.8% compared to June 2020. Goods were 3.1% and services 5.0% more expensive than in June last year.

Viktoria Trasanov, leading analyst at Statistics Estonia, said that, compared to June 2020, the consumer price index was again influenced the most by price increase of motor fuel. “Petrol was 19.1% and diesel 21.4% more expensive. An increase of 31.4% in the price of electricity that reached homes also had a bigger impact on the index change,” added Trasanov.

Among food products, the biggest rise was registered in the prices of pasta products (8.5%), while potato prices fell (9.9%).

The last time that the change of the consumer price index compared to the same month of the previous year was bigger than 3.8% was in October 2018, when it was 4.4%.

Consumer price index (June 2020 = 100)

Compared to May, the biggest impact on the consumer price index came from 19.4% more expensive electricity that reached homes. Motor fuel, which was 1.7% more expensive, and entertainment services, which were 3.3% more expensive, also had a bigger impact on the index.

Change of the consumer price index by commodity groups, June 2021

Commodity group June 2020 –
June 2021, %

May 2021 –
June 2021, %

TOTAL 3,8 1,2
Food and non-alcoholic beverages 0,3 0,2
Alcoholic beverages and tobacco 1,3 -0,4
Clothing and footwear 4,4 0,7
Housing 8,2 4,7
Household goods 2,1 0,2
Health 1,9 0,1
Transport 10,6 1,0
Communications -2,3 -0,1
Recreation and culture 5,1 2,1
Education 1,3 0,8
Hotels, cafés and restaurants 2,7 1,2
Miscellaneous goods and services 2,2 1,0

See also the consumer price index calculator and the prices section on the website.

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 data.

More detailed data have been published in the statistical database.

 

For further information:

Kadri Kütt
Media Relations Manager
Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9181

Photo: Shutterstock