Analytics, Estonia, Inflation, Markets and Companies

Compared to June 2016, goods were 3.2% and services 2.4% more expensive. Regulated prices of goods and services have risen by 3.6% and non-regulated prices by 2.7% compared to June of the previous year.

Compared to June 2016, the consumer price index was affected the most by the 6.6% more expensive food and non-alcoholic beverages, which contributed more than a half of the total growth of the index. Milk, dairy products and eggs were 10.1%, fruit 16.8% and sugar and confectionery 7.3% more expensive than a year earlier. Motor fuel contributed nearly a sixth of the total growth of the index. Compared to June 2016, petrol was 8.5% and diesel fuel 8.4% more expensive. A greater impact on the index was made also by the 14.6% more expensive tobacco products.

In June, compared to May, the consumer price index was affected the most by the seasonal sales of clothing and footwear that started in June and June discounts on alcoholic beverages. A greater impact on the change of the index was made also by the 8.1% more expensive fresh fruit and berries. In June, petrol was 0.5% and diesel fuel 1.1% less expensive than in May.

Change of the consumer price index by commodity groups, June 2017

Statistics Estonia publishes the consumer price index on the 5th working day of each month, after the end of the reporting period. For the statistical activity “Consumer price index”, the main representative of public interest is the Ministry of Finance, commissioned by whom Statistics Estonia collects and analyses the data necessary for conducting the statistical activity.