In May, the monthly change of the consumer price index was influenced by the price decrease in motor fuel

News
Posted on 7 June 2012, 11:00
According to Statistics Estonia, the change of the consumer price index was -0.1% in May 2012 compared to April and 3.8% compared to May of the previous year.

Goods were 2.9% and services 5.5% more expensive compared to May 2011.

Regulated prices of goods and services have risen by 9.6% and non-regulated prices by 1.9% compared to May of the previous year.

Compared to May 2011, the index was mainly influenced by housing expenditures which gave almost a half of the total increase. Of which in turn over 40% gave 15.6% more expensive heat energy. Motor fuel was 9.5% more expensive and gave less than a seventh of the total increase. Compared to May of the previous year, of food products, the prices of eggs have increased the most (51%) and the prices of potatoes have decreased the most (63%).

The change of the consumer price index compared to the same month of the previous year was below 4% last in December 2011, when it was 3.7%.

In May compared to April, the consumer price index was mainly influenced by the 5.2% price decrease of motor fuel, which covered smaller price increases in other commodity groups. The bigger changes occurred in the prices of cucumbers (down 46%) and Chinese cabbage (up 35%).

Change of the consumer price index by commodity groups, May 2012
Commodity group May 2011 –
May 2012, %
April 2012 –
May 2012, %
TOTAL 3.8 -0.1
Food and non-alcoholic beverages 1.9 0.3
Alcoholic beverages and tobacco 6.2 0.4
Clothing and footwear 6.3 1.3
Housing 10.3 0.5
Household goods 3.6 0.4
Health -0.8 -0.3
Transport 3.8 -2.3
Communications -7.8 -0.1
Recreation and culture 0.6 -0.1
Education 5.9 0.0
Hotels, cafés and restaurants 5.5 2.0
Miscellaneous goods and services 3.6 -0.4