Analytics, Estonia, Inflation, Real Estate, Statistics

International Internet Magazine. Baltic States news & analytics Sunday, 19.05.2019, 15:53

The greatest impact on the annual change of the consumer price index in Estonia came from housing

Viktoria Trasanov Leading Analyst Economic and Environmental Statistics Department Statistics Estonia T, 09.01.2019.Print version
According to Statistics Estonia, the consumer price index increased 3.4% in 2018 compared to the average of 2017.

The annual change of the consumer price index was affected the most by housing, which contributed a quarter of the total increase of the index. The biggest contributors to the latter were electricity that reached homes, solid fuels, and rentals, which were respectively 10.9%, 15.3% and 7% more expensive. Motor fuel, and food and non-alcoholic beverages, each contributed a fifth of the total increase. The price increase of petrol was 12.3% and that of diesel fuel 11.4%.

In 2018, compared to the average of 2017, the biggest price increases among food products were seen for eggs (25%), frozen fruit and berries (22.7%) and beer (17,9%), and the biggest price decrease for sugar (19.2%).

Change of consumer price index by commodity group, 2018
Commodity group2017–2018, %
Food and non-alcoholic beverages3.1
Alcoholic beverages and tobacco8.6
Clothing and footwear0.8
Household goods0.8
Recreation and culture2.7
Hotels, cafés and restaurants4.2
Miscellaneous goods and services3.5

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