Consumer price index in June

News
Posted on 7 July 2009, 11:00
According to Statistics Estonia, the consumer price index decreased by 0.9% in June 2009 compared to June 2008 and was 0.0% compared to May 2009.

The consumer price index decreased continuously compared with the same month of the previous year. Thereby goods were 3% cheaper and services 3% more expensive compared to June of the previous year. From goods food products were 0.5% and manufactured goods 5% cheaper.

Regulated prices of goods and services have risen by 4.0% and non-regulated prices fallen by 2.4% compared to June of the previous year.

Compared to June of the previous year, the consumer price index was mainly influenced by alcoholic beverages and tobacco (the price increase together 17%), by the price decrease of food (-6.3%) and by the price decrease of motor fuel (-20.8%). Milk and dairy products (price decrease 15.6%) gave nearly a half of the impact of food on the index.

In June compared to the previous month, the consumer price index was mainly influenced by the 6.5% price increase of motor fuel and by a continuing price decrease of food.

Change of the consumer price index by commodity groups, June 2009

Commodity group June 2008 –
June 2009, %q

May 2009 –
June 2009, %

TOTAL -0.9 0.0
Food and non-alcoholic beverages -6.1 -1.5
Alcoholic beverages and tobacco 17.0 -1.0
Clothing and footwear 0.4 -1.3
Housing -0.1 -0.1
Household goods 2.3 0.2
Health 4.6 0.2
Transport -9.8 3.0
Communications -0.9 0.0
Recreation and culture -0.1 -0.9
Education 5.6 -0.2
Hotels, cafés and restaurants 0.1 0.0
Miscellaneous goods and services 7.5 1.5