Analytics, Estonia, Inflation, Markets and Companies
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Friday, 29.03.2024, 00:35
Annual inflation in Estonia made 3.9% in June 2012
Goods were 3.2% and services 5.2% more expensive compared to June 2011.
Regulated prices of goods and services have risen by 8.4% and non-regulated prices by 2.4% compared to June of the previous year.
Compared to June 2011, the index was mainly influenced by housing expenditures which gave almost 40% of the total increase. Of which in turn three quarters gave 11.2% more expensive electricity, heat energy and fuels. Food and non-alcoholic beverages gave a fifth of the total increase, of which 6.7% more expensive meat and meat products accounted for nearly a half. 7.9% more expensive motor fuel gave a tenth of the total increase. Compared to June of the previous year, of food products, the prices of eggs have increased the most (48%) and the prices of potatoes have decreased the most (62%).
In June compared to May, the consumer price index was mainly influenced by the seasonal price increase of fruits and vegetables and by the 2.5% price decrease of motor fuel. Compared to the previous month, the prices of tangerines increased the most (37%) and the prices of tomatoes decreased the most (13%).
Change of the consumer price index by commodity groups, June 2012
Commodity group |
June 2011 – |
May 2012 – |
TOTAL |
3.9 |
0.1 |
Food and non-alcoholic beverages |
3.5 |
0.9 |
Alcoholic beverages and tobacco |
5.4 |
-1.1 |
Clothing and footwear |
5.3 |
-0.2 |
Housing |
8.9 |
0.0 |
Household goods |
2.8 |
-0.1 |
Health |
-0.4 |
0.5 |
Transport |
4.1 |
-0.5 |
Communications |
-8.4 |
-0.1 |
Recreation and culture |
0.1 |
-0.3 |
Education |
5.7 |
0.0 |
Hotels, cafés and restaurants |
7.9 |
1.7 |
Miscellaneous goods and services |
3.6 |
-0.3 |