In February, electricity and motor fuel had the biggest impact on the consumer price index
According to Statistics Estonia, in February, the consumer price index rose by 0.9% compared to January and by 0.6% compared to February 2020. Goods were 0.6% cheaper and services 2.7% more expensive than in February last year.
Viktoria Trasanov, leading analyst at Statistics Estonia, said that, compared to February 2020, the consumer price index was affected the most by 26.7% more expensive electricity that reached homes and by cheaper motor fuel. “Diesel fuel was 12.8% and petrol 4% cheaper. Among food products, the biggest increase occurred in the prices of baby food (11.6%) and flour mixes (9.1%), while the biggest decrease was recorded in the prices of fresh fish (26.5%), potatoes (19.5%) and olive oil (9.3%),” explained Trasanov.
Compared to January, the consumer price index was affected the most by the rising prices of motor fuel. In February, the price of diesel fuel rose by 6.4% and the price of petrol by 3.1% compared to the previous month. Food products also had a bigger impact, as dairy products were 2.1% and fresh vegetables 5.1% more expensive.
| Commodity group | February 2020 – February 2021, % |
January 2021 –February 2021, % |
|---|---|---|
| TOTAL | 0.6 | 0.9 |
| Food and non-alcoholic beverages | -0.7 | 0.9 |
| Alcoholic beverages and tobacco | 1.3 | 0.8 |
| Clothing and footwear | -1.9 | 0.8 |
| Housing | 3.7 | 0.7 |
| Household goods | 0.5 | -0.9 |
| Health | 3.3 | 0.5 |
| Transport | -1.1 | 2.8 |
| Communications | -1.9 | -0.2 |
| Recreation and culture | 2.9 | 1.5 |
| Education | 1.1 | 0.0 |
| Hotels, cafés and restaurants | -1.2 | 0.1 |
| Miscellaneous goods and services | 1.5 | 0.3 |
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 data. The data help to get an overview of the situation in Estonia, allowing ministries to make informed decisions.
More detailed data have been published in the statistical database.
For further information:
Kadri Kütt
Media Relations Manager
Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9181