The consumer price index continued to rise in August
According to Statistics Estonia, in August, the consumer price index increased by 0.4% compared with July and by 3.2% compared with August 2023. Goods were 1.4% and services 6.3% more expensive than in August last year.
Viktoria Trasanov, team lead of consumer price statistics at Statistics Estonia, said that, compared with August 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages and miscellaneous goods and services. “Among these, personal care products were 7.1% and beauty and personal care services 13.2% more expensive,” added Trasanov.
Of food products, the biggest increases compared with August last year occurred in the prices of juices and syrups (54.6%), olive oil (44%) and cocoa (22.9%). On the other hand, there was a decrease in the prices of processed fruits (-10.4%) and sugar (-19.5%). In August, petrol was 5.4% and diesel fuel 6.9% cheaper than in the same month last year.
Compared with July, the consumer price index was mainly influenced by the end of the sales on clothing and footwear, on the one hand, and by the lower prices of motor fuel, on the other hand.
Change in the consumer price index by commodity group, August 2024
Commodity group | August 2023 – | July 2024 – |
TOTAL | 3.2 | 0.4 |
Food and non-alcoholic beverages | 2.9 | 0.4 |
Alcoholic beverages and tobacco | 6.0 | -0.2 |
Clothing and footwear | -3.8 | 3.2 |
Housing | 0.9 | 0.6 |
Household goods | 3.2 | 0.7 |
Health | 6.8 | -0.4 |
Transport | 0.7 | -0.4 |
Communications | 10.5 | -0.1 |
Recreation and leisure | 5.7 | 1.4 |
Education | 7.4 | -0.2 |
Hotels, cafés and restaurants | 3.0 | -1.9 |
Miscellaneous goods and services | 8.0 | 0.5 |
See also the consumer price index calculator and the prices section on our website.
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.
More detailed data have been published in the statistical database.
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Heidi Kukk
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Statistics Estonia
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