In May the monthly change of the consumer price index was influenced the most by food

News
Posted on 6 June 2014, 11:00

According to Statistics Estonia, the change of the consumer price index in May 2014 was 0.1% compared to April 2014 and 0.1% compared to May of the previous year.

Goods were 0.1% more expensive compared to May 2013 and the price change of services was 0.0%.

Regulated prices of goods and services have risen by 0.3% compared to May of the previous year and the change of non-regulated prices has been 0.0% compared to that period.

Compared to May 2013, the consumer price index was mainly influenced by electricity, heat energy and fuels – heat energy was 3.7% cheaper and the electricity that arrived at homes was 3.3% cheaper. Compared to May of the previous year, 3.1% more expensive alcoholic beverages, 6.7% more expensive tobacco, nearly 14% cheaper mobile communication services and 6.1% more expensive dairy products also had a bigger impact on the index. Motor fuel was 0.1% more expensive than in the same month last year. Compared to May 2013, of food products, the prices of cheese have increased the most (8%) and the prices of sugar have decreased the most (31%).

In May compared to April, the consumer price index was mainly influenced by food – milk and dairy products were 1.3% and fruits 2.7% cheaper – and by the electricity that arrived at homes which was 1.6% more expensive. Compared to April, the prices of cabbage increased the most (54%) and the prices of cucumber decreased the most (34%).

Change of the consumer price index by commodity groups, May 2014
Commodity group May 2013 –
May 2014, %
April 2014 –
May 2014, %
TOTAL 0.1 0.1
Food and non-alcoholic beverages -0.9 -0.4
Alcoholic beverages and tobacco 4.1 -0.1
Clothing and footwear 1.3 0.0
Housing -0.8 0.6
Household goods 1.2 0.2
Health 3.0 0.9
Transport -0.9 -0.6
Communications -6.0 -0.8
Recreation and culture 3.0 1.4
Education -14.6 0.0
Hotels, cafés and restaurants 5.2 1.8
Miscellaneous goods and services 2.3 0.2