Consumer price index increased in July

News
Posted on 5 August 2011, 11:00

According to Statistics Estonia, the change of the consumer price index was 0.5% in July 2011 compared to June and 5.2% compared to July of the previous year.

Goods were 6.6% and services 2.7% more expensive compared to July 2010.

Regulated prices of goods and services have risen by 6.3% and non-regulated prices by 4.8% compared to July of the previous year.

Compared to July of the previous year, the index was mainly influenced by a 10.8% price increase of food and non-alcoholic beverages, which gave a half of the total increase of the index. Housing expenditures gave a sixth of the total increase; alcoholic beverages and tobacco gave an eighth and transport gave another eighth of it. Compared to the same period a year ago, the price of sugar has increased the most (62%). It is followed by coffee (51%), apples (46%) and potatoes (45%). More than a 30% increase was reported in the prices of groats (39%), vegetable oil (36%) and flour (31%). Eggs were 19.5% cheaper.

In July compared to June, the consumer price index was mainly influenced by food and non-alcoholic beverages, which gave a third of the total increase. Sales of clothing and footwear, ending of the sales of alcoholic beverages which took place in June, and a 2.4% price increase of heat energy also had a bigger impact on the index. Compared to June, cabbage was 40% cheaper and strawberries were 32% more expensive.

Change of the consumer price index by commodity groups, July 2011
Commodity group July 2010 –
July 2011, %
June 2011 –
July 2011, %
TOTAL 5.2 0.5
Food and non-alcoholic beverages 10.8 0.7
Alcoholic beverages and tobacco 8.6 1.5
Clothing and footwear 2.6 -2.8
Housing 5.1 0.7
Household goods 1.5 0.4
Health 0.0 0.0
Transport 4.7 0.8
Communications -5.9 0.1
Recreation and culture 1.1 0.8
Education 1.9 -0.4
Hotels, cafés and restaurants 6.5 1.7
Miscellaneous goods and services 2.7 0.3