The greatest impact on the annual change of the consumer price index came from food

news release no 5

According to Statistics Estonia, the consumer price index increased 3.4% in 2017 compared to the average of 2016.

The annual change of the consumer price index was affected the most by food and non-alcoholic beverages, which contributed nearly two-fifths of the total increase of the index. The biggest impact came from 10.4% more expensive milk, dairy products and eggs. Motor fuel, and alcoholic beverages and tobacco, each contributed almost a fifth of the total increase. Alcoholic beverages became 8.4% and tobacco 9.5% more expensive. The price increase of petrol was 12.8% and that of diesel fuel 14.7%.

In 2017, compared to the average of 2016, the biggest price increases among food products were seen for butter (33%), low-fat milk (19.9%) and potatoes (15.7%).

Change of consumer price index by commodity group, 2017
Commodity group 2016–2017, %
Food and non-alcoholic beverages 5.7
Alcoholic beverages and tobacco 8.7
Clothing and footwear 1.7
Housing 2.1
Household goods 0.6
Health 1.1
Transport 5.0
Communications -4.1
Recreation and culture 0.7
Education 1.9
Hotels, cafés and restaurants 5.9
Miscellaneous goods and services 3.0

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 the data necessary for conducting this statistical activity.

For further information:

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