The annual change of the consumer price index was mainly influenced by electricity

News
Posted on 8 January 2014, 10:00

According to Statistics Estonia, the consumer price index increased 2.8% in 2013 compared to the average of 2012.

The annual change of the consumer price index was mainly influenced by the 28.7% price increase of electricity that arrived at homes, which accounted for two thirds of the total increase. The 4.9% price increase of food and the 3.5% price decrease of transport also had a bigger impact on the index. Motor fuel was 3.7% cheaper than in 2012.

In 2013, of food products, the prices of potatoes (39%) and fresh vegetables (16%) increased the most and the prices of coffee and sugar (11%) decreased the most, compared to the average of 2012.

In the last fifteen years, the annual change of the consumer price index has been under 3% on two occasions: –0.1% in 2009 and 1.3% in 2003. A 3% annual change was recorded in 2010 and 2004.

Change of the consumer price index by commodity groups, 2013

Commodity group 2012–2013, %
TOTAL 2.8
Food and non-alcoholic beverages 4.1
Alcoholic beverages and tobacco 5.1
Clothing and footwear 4.3
Housing 8.8
Household goods 1.0
Health 6.0
Transport -3.5
Communications -9.8
Recreation and culture 1.9
Education -3.2
Hotels, cafés and restaurants 6.5
Miscellaneous goods and services 2.0