Analytics, Estonia, Foodstuff, Retail, Statistics

International Internet Magazine. Baltic States news & analytics Thursday, 06.10.2022, 10:48

Estonia: Cost of EKI food basket grows 2 % on year in Q2

BC, Tallinn, 06.07.2020.Print version
The cost of a weekly basket of groceries for a family of four used by the Estonian Institute of Economic Research (EKI) to monitor food prices rose by 2% or by 1.54 euros on year to 79.59 euros in the second quarter of 2020, informed LETA/BNS.

Compared with the first quarter of 2020, the cost of the food basket increased 1.95%, or by 1.48 euros.

According to the estimate by EKI, the increase in the cost of the food basket will remain around 1% in the third quarter of 2020.

Compared with the same month the year before, the prices of dairy products fell by 1.7% in June and a family of four spends 17.65 euros per week on dairy products. The price of cheese increased 8.4% on year, milk and kefir became 2.5% less expensive, and the price of cream fell 9.8%. The price of butter fell 1.4% and the price of curds 2.3% compared with the previous year.

The price of meat products rose 5.4% on year, amounting to 22.44 euros in the weekly food basket cost. The price of meat rose by 4.3% on year, while that of minced meat increased 3% in price, the price of smoked meat products rose 10.2% and the price of boiled sausage 7.5%.

The weekly amount of money needed for the purchase of horticultural products decreased 0.2% on year to 8.65 euros. The price of vegetables in a weekly basket of groceries of a family of four dropped 26.6% and the price of potatoes was down 5.2%. The price of apples grew 40.8%.

Costs for the purchase of cereal products increased 7% on year, spending on fish decreased 9.1% and spending on eggs grew 9.9%.

The cost of coffee, sugar, margarine, and confectionery products declined 6.9%, 6.8%, 4% and 1.9% on year, respectively. The price of tea and lemonade increased 9.6% and 8.8%, respectively.

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