The annual change of the consumer price index was influenced the most by motor fuel

news release no 131

According to Statistics Estonia, the change of the consumer price index in November 2015 was -0.3% compared to October 2015 and -0.2% compared to November of the previous year.

Compared to November 2014, goods were 0.5% cheaper and services 0.4% more expensive. Regulated prices of goods and services have fallen by 3.5% and non-regulated prices risen by 0.9 % compared to November of the previous year.

Compared to November 2014, the consumer price index was influenced the most by motor fuel, which has become 14.7% cheaper. 6.2% cheaper electricity, heat energy and fuels also had a bigger impact on the index, as heat energy was 10%, gas 19.6% and the electricity that arrived at homes 2% cheaper than in the same month of the previous year. The prices of milk and dairy products have decreased 8.2%. Out of the products which became more expensive, alcoholic beverages had the biggest impact on the index, as their prices have decreased 7.2% compared to November of the previous year. Compared to November 2014, of food products, the prices of dried fruit and nuts (21%) and sugar (18%) have increased the most, whereas the prices of milk and butter have decreased the most (17% and 16%, respectively).

Compared to plane tickets that were bought for October at a very high price, the tickets bought for November were 21% cheaper. Compared to October 2015, 3.5% more expensive motor fuel as well as a decrease in the prices of electricity that arrived at homes and milk and dairy products (both -1.9%) also had a bigger impact on the index.

Change of the consumer price index by commodity groups, November 2015
Commodity group November 2014 – November 2015, % October 2015 – November 2015, %
TOTAL -0.2 -0.3
Food and non-alcoholic beverages 0.0 -0.6
Alcoholic beverages and tobacco 5.7 0.2
Clothing and footwear 3.5 0.3
Housing -2.8 -0.9
Household goods 1.5 0.6
Health 2.8 0.3
Transport -6.3 -0.4
Communications 1.6 -2.0
Recreation and culture 3.1 0.3
Education -14.8 0.0
Hotels, cafés and restaurants 3.2 0.6
Miscellaneous goods and services 3.1 0.2

For further information:

Viktoria Trasanov
Head of Economic and Environmental Statistics Department
Statistics Estonia
Tel. +372 625 9240