In July, the consumer price index was influenced the most by housing- and food-related price increases
According to Statistics Estonia, in July, the consumer price index increased by 1.9% compared to June, and by 22.8% compared to July 2021. Goods were 17.7% and services 33.1% more expensive than in July last year.
Viktoria Trasanov, leading analyst at Statistics Estonia, said that, compared to July 2021, the consumer price index was affected the most by housing-related price changes, which contributed over 40% of the total rise. “Electricity that reached homes was 142.9%, heat energy 62.7%, gas 235.4% and solid fuels 80.1% more expensive. The price changes of food and non-alcoholic beverages accounted for a fifth of the total rise in the index. Petrol was 39.1% and diesel fuel 60.1% more expensive,” added Trasanov.
Among food products, the biggest increases compared to July 2021 occurred in the prices of flour and cereals (72.3%), fresh fish (59%), eggs (56.7%), other oils (49.5%), pasta products (43.1%) and sugar (40.3%).
Compared to June, the consumer price index was also influenced the most by housing- and food-related price changes. Electricity that reached homes was 15% and gas 22.5% more expensive. The price increases of food and non-alcoholic beverages accounted for a fifth of the total increase. Accommodation services were 16.5% more expensive. Petrol was 5.2% and diesel fuel 2.9% cheaper than in June.
| Commodity group | July 2021 – July 2022, % | June 2022 – July 2022, % |
|---|---|---|
|
TOTAL |
22.8 |
1.9 |
|
Food and non-alcoholic beverages |
19.7 |
1.7 |
|
Alcoholic beverages and tobacco |
6.3 |
0.7 |
|
Clothing and footwear |
5.0 |
-3.2 |
|
Housing |
68.2 |
6.1 |
|
Household goods |
14.3 |
1.3 |
|
Health |
7.3 |
1.2 |
|
Transport |
28.7 |
-0.9 |
|
Communications |
-3.0 |
1.7 |
|
Recreation and culture |
11.9 |
1.3 |
|
Education |
2.5 |
0.0 |
|
Hotels, cafés and restaurants |
22.1 |
7.9 |
|
Miscellaneous goods and services |
10.5 |
1.5 |
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:
Vahur Koorits
Communications Partner
Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9204