Analytics, Estonia, Inflation, Markets and Companies
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Saturday, 27.04.2024, 03:55
Annual deflation 0.2% registered in Estonia in March
Compared to March 2015, goods were 0.3% and services 0.1% cheaper. Regulated prices of goods and services have fallen by 3.0% and non-regulated prices have risen by 0.7 % compared to March of the previous year.
Compared to March 2015, the consumer price index was influenced the most by motor fuel, which has become 11.6% cheaper, with petrol having become 10.7% and diesel fuel 13.5% cheaper. 11% cheaper heat energy and 6% more expensive alcoholic beverages also had a bigger impact on the index. Compared to March of the previous year, liquid fuel has become 26% more expensive and pipeline gas has become 26% cheaper.
In March compared to February, the consumer price index was yet again influenced the most by transport, which provided more than a third of the total increase, with motor fuel becoming 2.9% and plane tickets bought for March 21% more expensive. 1.2% more expensive food and non-alcoholic beverages had nearly the same impact on the index, with 4.5% more expensive vegetables providing more than a third of the impact.
The previous time that the monthly change of the consumer price index was greater than 0.8% was in March 2012 when it was 1.0%.
Change of the consumer price index by commodity groups, March 2016
Commodity group |
March 2015 – |
February 2016 – |
TOTAL |
-0.2 |
0.8 |
Food and non-alcoholic beverages |
0.5 |
1.2 |
Alcoholic beverages and tobacco |
5.4 |
0.7 |
Clothing and footwear |
3.2 |
1.9 |
Housing |
-2.7 |
-0.1 |
Household goods |
0.8 |
0.5 |
Health |
1.7 |
0.2 |
Transport |
-5.6 |
2.1 |
Communications |
-0.3 |
0.5 |
Recreation and culture |
3.5 |
0.8 |
Education |
-13.7 |
0.0 |
Hotels, cafés and restaurants |
3.3 |
-0.4 |
Miscellaneous goods and services |
1.7 |
-0.2 |