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In June, the consumer price index was still affected the most by fuel-related price increases

News
Posted on 7. July 2022 8:00

According to Statistics Estonia, in June, the consumer price index increased by 2.7% compared to May, and by 21.9% compared to June 2021. Goods were 17.9% and services 29.7% more expensive than in June last year.

Viktoria Trasanov, leading analyst at Statistics Estonia, said that, compared to June 2021, the consumer price index was affected the most by housing-related price changes, which contributed over 40% of the total rise in the index. “Electricity that reached homes was 129.6%, heat energy 62.7%, pipeline gas 228.3%, and solid fuels 77.3% more expensive. The price changes of transport and food and non-alcoholic beverages both accounted for a fifth of the total increase of the index. Petrol was 51.1% and diesel fuel 67.3% more expensive,” added Trasanov.

Among food products, the biggest increase compared to June 2021 was recorded in the prices of potatoes (111.5%), eggs (61.9%), fresh fish (57.6%), flour and cereals (54.8%) and spices (53.4%).

Consumer price index (June 2021 = 100)

Compared to May, the biggest impact on the consumer price index also came from the fuel-related price increases. Petrol was 9.9% and diesel fuel 8.4% more expensive. The electricity that reached homes was 11.3% and solid fuels 6% more expensive. The price increase of food and non-alcoholic beverages accounted for nearly a fifth of the total increase.

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

Commodity group

June 2022 – June 2021, %

May 2022 – June 2022, %

TOTAL

21.9

2.7

Food and non-alcoholic beverages

19.2

2.1

Alcoholic beverages and tobacco

6.1

0.1

Clothing and footwear

3.3

-1.7

Housing

64.0

5.4

Household goods

13.7

2.4

Health

6.4

0.4

Transport

32.1

5.1

Communications

-4.7

-2.4

Recreation and culture

10.0

3.5

Education

2.5

0.2

Hotels, cafés and restaurants

19.4

6.6

Miscellaneous goods and services

8.6

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:

Helen Maria Raadik
Media Relations Manager
Marketing and Dissemination Department

Statistics Estonia
Tel +372 625 9191

Photo: Shutterstock