Food prices are becoming the biggest influencer of the consumer price index
According to Statistics Estonia, in November, the consumer price index rose by 0.9% compared with October and by 21.3% compared with November 2021. Goods were 20.1% and services 23.5% more expensive than in November last year.
Viktoria Trasanov, leading analyst at Statistics Estonia, said that, compared with November 2021, the consumer price index was influenced the most by price changes related to housing and food and non-alcoholic beverages, which each accounted for slightly over 30% of the total increase. “Solid fuels were 110.9%, electricity that reached homes 72.6%, heat energy 62.3% and gas 18.9% more expensive,” said Trasanov.
Among food products, the biggest increase compared with November 2021 occurred in the prices of sugar (104.2%). Flour and cereals were 74.9%, eggs 59.6%, other edible oils 53.7% and sauces 52.6% more expensive. “Petrol was 18% and diesel fuel 40.8% more expensive,” added Trasanov.
Compared with October, the consumer price index was influenced the most by the rising prices of food and non-alcoholic beverages, which accounted for three fifths of the total increase, and by housing-related price changes, which accounted for a fifth of the total index rise.
|
Commodity group |
November 2021 – |
October 2022 – |
|
TOTAL |
21.3 |
0.9 |
|
Food and non-alcoholic beverages |
28.2 |
2.2 |
|
Alcoholic beverages and tobacco |
7.0 |
0.3 |
|
Clothing and footwear |
8.1 |
0.3 |
|
Housing |
46.1 |
1.1 |
|
Household goods |
17.8 |
2.0 |
|
Health |
9.0 |
-0.3 |
|
Transport |
18.1 |
-0.1 |
|
Communications |
-0.4 |
-1.4 |
|
Recreation and leisure |
12.8 |
0.0 |
|
Education |
7.8 |
-0.2 |
|
Hotels, cafés and restaurants |
16.1 |
-0.1 |
|
Miscellaneous goods and services |
15.4 |
1.5 |
See also the consumer price index calculator and the prices section on the 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