In February, the annual change in consumer price index was mainly influenced by housing expenditures

News
Posted on 7 March 2012, 10:00
According to Statistics Estonia, the change in the consumer price index in February 2012 was 0.4% compared to January and 4.2% compared to February of the previous year.

Goods were 3.5% and services 5.5% more expensive compared to February 2011.

Regulated prices of goods and services have risen by 10.3% and non-regulated prices by 2.2% compared to February of the previous year.

Compared to February 2011, the consumer price index was mainly influenced by housing expenditures, which accounted for more than 40% of the total increase, whereas the price increase of heat energy (up 16.7%) and electricity (up 13.7%) accounted for 70% of the increase in housing expenditures.  Food and non-alcoholic beverages accounted for a sixth of the total increase, and the 11.6% price increase of motor fuel accounted for a seventh of the total increase. Compared to February 2011, the prices of coffee (24%) and eggs (21%) have increased the most of all food products. In February 2012, potatoes were 56% cheaper and fresh vegetables 22% cheaper than in the same period last year.

In February, compared to January, the consumer price index was mainly influenced by the 0.9% price increase of food, the 3% price increase of alcoholic beverages, the 2.5% price increase of motor fuel and the 4.5% price decrease of mobile telecommunication services. The price increase of alcoholic beverages was caused by the end of large-scale sales and new alcohol excise duty rates that entered into force on 1 February 2012. The biggest change occurred in the price of bananas (up 40%) and grapes (down 23%).

Change of the consumer price index by commodity groups, February 2012
Commodity group February 2011 –
February 2012, %
January 2012 –
February 2012, %
TOTAL 4.2 0.4
Food and non-alcoholic beverages 2.9 0.7
Alcoholic beverages and tobacco 6.3 2.2
Clothing and footwear 5.4 1.8
Housing 10.6 0.0
Household goods 2.8 0.7
Health -1.0 -2.8
Transport 4.9 0.6
Communications -7.8 -2.4
Recreation and culture 0.9 0.3
Education 5.4 0.0
Hotels, cafés and restaurants 7.2 0.5
Miscellaneous goods and services 2.2 0.4

Starting from 12 June, data can be submitted to Statistics Estonia in the new self-service environment at uuringud.stat.ee or via the button “Go to self-service” at the top of Statistics Estonia's website.