In August, the consumer price index was still influenced the most by housing- and food-related price increases

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Posted on 7 September 2022, 8:00

According to Statistics Estonia, in August, the consumer price index increased by 2.3% compared with July, and by 24.8% compared with August 2021. Goods were 18.3% and services 37.6% more expensive than in August last year.

Viktoria Trasanov, leading analyst at Statistics Estonia, said that, compared with August 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 205.9%, heat energy 61.7%, gas 244.2% and solid fuels 100.0% more expensive. The price changes of food and non-alcoholic beverages and transport respectively accounted for a fifth and seventh of the total rise in the index. Petrol was 30.5% and diesel fuel 46.9% more expensive,” added Trasanov.

Among food products, the biggest increase compared with August 2021 occurred in the price of sugar (81.2%). Flour and cereals were 75.2%, spices 57.6%, other edible oils 56.5% and eggs 50.9% more expensive.   

Consumer price index (August 2021 = 100)

Compared with July, the consumer price index was also influenced the most by housing- and food-related price changes. Petrol was 6.3% and diesel fuel 8.2% cheaper. Many of the sales on clothing and footwear ended. The price of articles of personal hygiene and wellness increased 9%.

Change in the consumer price index by commodity groups, August 2022

Commodity group

August 2021 – August 2022, %

July 2022 – August 2022, %

TOTAL

24.8

2.3

Food and non-alcoholic beverages

21.4

2.2

Alcoholic beverages and tobacco

6.1

0.4

Clothing and footwear

8.7

4.5

Housing

82.7

9.6

Household goods

15.4

2.3

Health

7.5

0.4

Transport

24.3

-2.9

Communications

-2.5

0.5

Recreation and culture

11.9

1.0

Education

2.6

0.2

Hotels, cafés and restaurants

19.2

-2.4

Miscellaneous goods and services

12.5

3.1

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:

Helen Maria Raadik
Media Relations Manager

Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9191

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