The consumer price index increased in July
According to Statistics Estonia, in July, the consumer price index increased by 0.3% compared with June and by 3.4% compared with July 2023. Goods were 1.7% and services 6.3% more expensive than in July last year.
Viktoria Trasanov, team lead of consumer price statistics at Statistics Estonia, said that, compared with July 2023, the consumer price index was affected the most by price changes related to miscellaneous goods and services. Among these, beauty and personal care services were 13.3% and personal care products 10.7% more expensive. Other bigger contributors were transport-related price changes, as passenger transport by road was 18%, petrol 1% and diesel fuel 4.7% more expensive.
Among food products, the biggest increases compared with July last year were registered in the prices of olive oil (48.5%), juices and syrups (47.6%) and cocoa (18.0%). On the other hand, there was a decrease in the prices of fresh vegetables (-15.6%) and sugar (-20.5%).
Compared with June, the consumer price index was mainly influenced by the higher prices of water supply, sewage collection and gas, on the one hand, and by the widespread sales on clothing and footwear, on the other hand.
Commodity group | July 2023 – | June 2024 – July 2024, % |
|---|---|---|
TOTAL | 3.4 | 0.3 |
Food and non-alcoholic beverages | 1.6 | -0.2 |
Alcoholic beverages and tobacco | 6.1 | 1.6 |
Clothing and footwear | -2.3 | -7.3 |
Housing | 1.0 | 2.2 |
Household goods | 2.9 | 0.6 |
Health | 7.8 | 0.3 |
Transport | 3.2 | 0.2 |
Communications | 10.7 | 0.2 |
Recreation and leisure | 4.4 | -0.2 |
Education | 7.6 | 0.1 |
Hotels, cafés and restaurants | 4.0 | 2.3 |
Miscellaneous goods and services | 8.9 | 0.8 |
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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For further information:
Heidi Kukk
Media Relations Manager
Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9181
press [at] stat.ee (press[at]stat[dot]ee)