In June, the change in the consumer price index was affected the most by food and transport

news release no 83

According to Statistics Estonia, the change of the consumer price index in June 2019 was 0.2% compared to May 2019 and 2.4% compared to June of the previous year.

Compared to June 2018, goods turned 1.8% and services 3.5% more expensive. Regulated prices of goods and services have risen by 0.8% and non-regulated prices by 2.9% compared to June of the previous year.

Compared to June 2018, the consumer price index was affected the most by food and non-alcoholic beverages, which contributed nearly 30% of the total increase of the index. Three quarters of this increase was due to 26% more expensive vegetables. A more substantial effect on the index change was also exerted by 29.4% more expensive holiday trips and housing (solid fuels turned 14.6%, pipeline gas 11.3% and rents 7.3% more expensive). 

Compared to June 2018, petrol was 1% cheaper and diesel fuel 0.5% more expensive. Of food products, the biggest year-on-year price increases were seen for potatoes (66%), fresh vegetables (32%) and rice (12%), and the biggest price decreases for fresh fish (12%).

Compared to May, in June, the consumer price index was affected the most by transport –­ petrol turned 3.2% and diesel fuel 2.6% cheaper. A major impact on the index change was also exerted by price increases of holiday trips (by 13.9%), accommodation services (by 12.5%) and fresh vegetables (by 6.5%).

Change of the consumer price index by commodity groups, June 2019
Commodity group June 2018 – June 2019, % May 2019 – June 2019, %
TOTAL 2.4 0.2
Food and non-alcoholic beverages 3.1 0.3
Alcoholic beverages and tobacco 2.5 -0.4
Clothing and footwear 0.8 -1.4
Housing 2.9 0.1
Household goods 1.7 -0.5
Health 2.2 0.4
Transport -0.2 -1.4
Communications -2.8 0.0
Recreation and culture 6.0 2.2
Education 4.3 0.0
Hotels, cafés and restaurants 5.4 3.1
Miscellaneous goods and services 2.5 0.7

Statistics Estonia publishes the consumer price index on the 5th working day of each month, after the end of the reporting period. 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 the statistical activity.

See also https://www.stat.ee/cpi-calculator

For further information:

Viktoria Trasanov
Leading Analyst
Economic and Environmental Statistics Department
Statistics Estonia
Tel +372 625 9240