In May, the consumer price index remained at the same level as in April

News
Posted on 7 June 2023, 8:00

According to Statistics Estonia, in May, the consumer price index remained at the same level compared with April and increased by 11.3% compared with May 2022. Goods were 11.1% and services 11.5% more expensive than in May last year.

Viktoria Trasanov, a team lead at Statistics Estonia, said that, compared with May 2022, the consumer price index was influenced the most by the price increase of food and non-alcoholic beverages, which accounted for two fifths of the total rise. Compared with May last year, meat and meat products were 21.2%, flour, cereals and cereal products 23.8%, fresh vegetables 38.4%, and fresh fruits and berries 26.7% more expensive. Fresh fish was 19.7% cheaper. “Petrol was 12.9%, diesel fuel 19.3% and gas 43.2% cheaper,” added Trasanov.

The last time that the change in the consumer price index compared with the same month of the previous year was 11.3% or smaller was in January 2022 when it was also 11.3%.

Consumer price index (May 2022 = 100)

Compared with April, the consumer price index was influenced the most by transport-related price changes, as motor fuel prices fell by 2% and plane tickets bought for May were 12% cheaper than tickets bought for April.

Change in the consumer price index by commodity group, May 2023

Commodity group

May 2022 – May 2023, %

April 2023 – May 2023, %

TOTAL

11.3

0.0

Food and non-alcoholic beverages

20.4

-0.1

Alcoholic beverages and tobacco

7.6

0.0

Clothing and footwear

11.4

0.5

Housing

12.4

-0.3

Household goods

13.6

0.1

Health

11.5

2.1

Transport

-3.0

-1.1

Communications

1.9

-0.1

Recreation and leisure

13.0

-0.7

Education

8.3

0.3

Hotels, cafés and restaurants

12.0

1.4

Miscellaneous goods and services

16.5

0.9

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.

For further information:

Helen Maria Raadik
Media Relations Manager

Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9181
press [at] stat.ee

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