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International Internet Magazine. Baltic States news & analytics Friday, 05.06.2020, 13:24

Estonia's HICP deflation made 0.88% in April

BC, Tallinn, 18.05.2020.Print version
The Estonian harmonized index of consumer prices (HICP) decreased 0.88% on year in April 2020, it appears from data published by Statistics Estonia, cites LETA.

The harmonized index was down 0.3% month-on-month.

Compared to April 2019, the biggest increase was registered in the costs of leisure activities, which grew 3.76%. The index for eating out and accommodation grew 1.34%, and food and non-alcoholic beverages climbed 2.77% on year.

Household expenditure moved up 1.53% on year in April, while the index for health care grew slightly more, 2.12%.

The biggest decline compared with the same month last year was registered in the index for education and facilities for children at 20.9%. Transport expenses moved down 7.44% and the index for dwelling was down 4.77% on year. The index for alcoholic drinks and tobacco products dropped 3.26% on year and the index for communications came down 1.06% compared to April 2019. The index for clothes and footwear was relatively unchanged on year, moving down 0.01%.

The index for other goods and services rose 1.24%. 

The harmonized index of consumer prices is based on the domestic approach or all purchases made in the territory of Estonia, while CPI is based on the national approach, measuring purchases made by the population of Estonia.

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