In November, the consumer price index was influenced the most by transport

News
Posted on 5 December 2014, 10:00
According to Statistics Estonia, the change of the consumer price index in November 2014 was -0.8% compared to October 2014 and -0.6% compared to November of the previous year.

Compared to November 2013, goods were 0.8% and services 0.4% cheaper.

Regulated prices of goods and services have fallen by 0.3% and by non-regulated prices 0.7% compared to November of the previous year.

Compared to November 2013, the consumer price index was influenced the most by transport, where motor fuel was 4.4% cheaper than last year. The impact of electricity, heat energy and fuel was somewhat smaller with the electricity that arrived at homes being 6.6% cheaper and heat energy 1.3% cheaper. Compared to the same period of the previous year, 3.1% more expensive alcoholic beverages and 7.4% more expensive tobacco also had a bigger impact on the index. Compared to November 2014, of food products, the prices of conserved milk have increased the most (17%), and the prices of sugar, potatoes and apples have decreased the most (43%, 20% and 19%, respectively).

In November compared to October, the consumer price index was mainly influenced by transport which accounted for a half of the decrease because of 29% cheaper plane tickets and 2.1% cheaper motor fuel. Compared to October, of food products, the prices of cucumbers and grapes increased the most (41% and 39%, respectively) and the prices of mandarins decreased the most (26%).
Change of the consumer price index by commodity groups, November 2014
Commodity group November 2013 –
November 2014, %
October 2014 –
November 2014, %
TOTAL -0.6 -0.8
Food and non-alcoholic beverages -0.8 -0.8
Alcoholic beverages and tobacco 3.1 -0.8
Clothing and footwear 0.5 0.0
Housing -1.5 -0.1
Household goods 1.2 0.1
Health 2.6 0.2
Transport -3.3 -2.7
Communications -2.5 -0.4
Recreation and culture 0.8 -0.5
Education -21.9 0.0
Hotels. cafés and restaurants 4.1 -1.0
Miscellaneous goods and services 1.8 -1.0