Analytics, Estonia, Inflation, Markets and Companies

International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 04:19

In April, annual deflation in Estonia made 0.1%

Viktoria Trasanov, Statistics Estonia, 08.05.2015.Print version
According to Statistics Estonia, the change of the consumer price index in April 2015 was 0.5% compared to March 2015 and -0.1% compared to April of the previous year.

Compared to April 2014, goods were 0.4% cheaper and services 0.6% more expensive.


Regulated prices of goods and services have fallen by 0.1% and non-regulated prices also by 0.1 % compared to April of the previous year.

 

Compared to April 2014, the consumer price index was influenced the most by 10.8% cheaper motor fuel. Alcoholic beverages also had a bigger impact on the index, as their prices increased by 6.7% compared to April of the previous year. The 4.7% price decrease of milk and milk products and the 14.7% price increase of fresh vegetables cancelled out each other’s impact on the index. Compared to April of the previous year, of food products, the prices of coffee (26.6%) and dried fruit and nuts (25.8%) have increased the most, and the prices of sugar (28%) and potatoes (20%) have decreased the most.

 

In April compared to March, the consumer price index was influenced the most by the 19.5% price increase of fresh vegetables, which accounted for more than a half of the total increase. 14% cheaper plane tickets, 4.1% more expensive fruit, 8.6% more expensive accommodation services and 1% more expensive alcoholic beverages also had a bigger impact on the index. Compared to March, of food products, the prices of Chinese cabbage (89%) increased the most and prices of kiwis (10%) decreased the most.


Change of the consumer price index by commodity groups, April 2015

Commodity group

April 2014 – April 2015, %

March 2015 – April 2015, %

TOTAL

-0.1

0.5

Food and non-alcoholic beverages

-0.2

1.4

Alcoholic beverages and tobacco

5.3

1.0

Clothing and footwear

2.0

0.1

Housing

0.0

-0.3

Household goods

1.2

0.6

Health

3.7

0.1

Transport

-6.0

-0.4

Communications

0.1

0.1

Recreation and culture

1.7

0.2

Education

-20.7

0.0

Hotels, cafés and restaurants

3.2

2.2

Miscellaneous goods and services

3.3

0.6






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