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International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 06:03

Annual deflation in Estonia made 0.5% in 2015

Viktoria Trasanov, Statistics Estonia, 08.01.2016.Print version
According to Statistics Estonia, the consumer price index decreased 0.5% in 2015 compared to the average of 2014.

The annual change of the consumer price index was mainly influenced by the 13.9% price decrease of motor fuel. The decrease in the prices of electricity that arrived at homes (4.3%) and heat energy (3.9%), and the 6.1% increase in the prices of alcoholic beverages also had a bigger impact on the index.

 

In 2015, of food products, the prices of dried fruit and nuts (24%) and coffee (13%) increased the most and the prices of sugar (18%) and butter (13%) decreased the most, compared to the average of 2014.

 

In the last fifteen years, the annual change of the consumer price index was negative also in 2009 and 2014, when it was -0.1%.


Change of the consumer price index by commodity group, 2015

Commodity group

2014–2015, %

TOTAL

-0.5

Food and non-alcoholic beverages

-0.5

Alcoholic beverages and tobacco

5.1

Clothing and footwear

2.0

Housing

-1.5

Household goods

1.2

Health

3.1

Transport

-6.8

Communications

1.0

Recreation and culture

2.0

Education

-19.0

Hotels, cafés and restaurants

2.8

Miscellaneous goods and services

2.8






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