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In August, housing again had a bigger impact on the consumer price index

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Posted on 7. September 2021 8:00

According to Statistics Estonia, in August 2021, the consumer price index increased by 0.7% compared to July 2021 and by 5.0% compared to August 2020. Goods were 3.8% and services 7.3% more expensive than in August last year.

Viktoria Trasanov, leading analyst at Statistics Estonia, said that, compared to August 2020, the consumer price index was influenced the most by the price increase of housing services, which accounted for a third of the total change of the index. “The electricity that reached homes was 38.8% and rent 13.5% more expensive,” added Trasanov.

The price increase of motor fuel continued to have a bigger impact on the index change: petrol was 15.7% and diesel 22.7% more expensive than in August last year. Among food products, the biggest increase was recorded in the prices of potatoes (40.9%), fresh fish (16.4%) and fresh vegetables (15.8%).

Consumer price index (August 2020 = 100)

Compared to July, the biggest impact on the consumer price index came from food and housing services. Both the prices of goods and services increased by 0.7%.

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

Commodity group

August 2020 –
August 2021 %

July 2021 –
August 2021, %

TOTAL

5.0

0.7

Food and non-alcoholic beverages

2.2

0.8

Alcoholic beverages and tobacco

2.0

0.6

Clothing and footwear

-1.1

0.9

Housing

12.2

0.9

Household goods

5.4

1.3

Health

2.2

0.3

Transport

10.5

0.5

Communications

-2.4

-0.1

Recreation and culture

4.9

0.9

Education

1.5

0.1

Hotels, cafés and restaurants

7.9

-0.1

Miscellaneous goods and services

3.1

1.3

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