Analytics, Estonia, Inflation, Retail, Statistics

International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 06:29

Estonia's consumer price index down 1.1 pct on year in September

Statitics Estonia, 07.10.2020.Print version
According to Statistics Estonia, the change of the consumer price index in September 2020 was -0.3% compared to August 2020 and -1.1% compared to September 2019. Year on year, goods were 0.7% and services 1.7% cheaper.

Viktoria Trasanov, leading analyst at Statistics Estonia, said that compared to September 2019, the consumer price index was affected the most by price decreases of diesel fuel and petrol, which were respectively 26% and 7.8% cheaper. “Another significant contributor to the index change was housing services, as electricity that reached homes was 9% cheaper than last year. Plane tickets bought for September and accommodation services were nearly 23% cheaper,” added Trasanov.


Compared to September 2019, of food products, prices fell the most for potatoes (25%) and fresh vegetables (12%) and increased for baby food (11.3%) and crisps (10.6%).


Regulated prices of goods and services fell by 5.7% and non-regulated prices rose by 0.2% year on year.


Compared to August, in September, the consumer price index was affected the most by price decrease of food, mainly on account of 11.4% cheaper vegetables and 6.3% cheaper fruit, as well as by the end of sales of clothing and footwear.



Change of the consumer price index by commodity groups, September 2020



Commodity group

September 2019 –

September 2020, %

August 2020 –

September 2020, %

TOTAL

-1,1

-0,3

Food and non-alcoholic beverages

1,3

-1,7

Alcoholic beverages and tobacco

0,6

0,7

Clothing and footwear

1,0

5,9

Housing

-3,7

-0,1

Household goods

0,0

0,4

Health

2,8

-0,3

Transport

-7,4

-2,0

Communications

-2,1

-0,1

Recreation and culture

2,3

0,2

Education

2,4

0,5

Hotels, cafés and restaurants

-2,9

-0,1

Miscellaneous goods and services

1,2

0,3







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