According to Statistics Estonia, the change of the consumer price index in November 2013 was –0.4% compared to October 2013 and 1.5% compared to November of the previous year. Both the monthly and annual change were influenced the most by housing expenditures.
Regulated prices of goods and services have decreased by 0.9% and non-regulated prices have risen by 2.3% compared to November of the previous year.
Compared to November 2012, the consumer price index was mainly influenced by housing expenditures, whereas more than 80% of the increase in housing expenditures was caused by the electricity that arrived at homes which was 26.8% more expensive than in November 2012. Over a half of the increase in the index caused by electricity was cancelled out by the decrease in prices in transport due to the free city transport introduced in the capital this year and the decrease in motor fuel prices. In November 2013, motor fuel was 4.7% cheaper than in the same month in 2012. Compared to November 2012, of food products, the prices of fish have increased the most (15%) and the prices of eggs and coffee have decreased the most (15%).
In November compared to October, the consumer price index was mainly influenced by housing expenditures which accounted for two fifths of the total decrease, whereas 80% of this was caused by the 2.4% decrease in the price of electricity that arrived at homes. The plane tickets bought for November were 17.4% cheaper than in October and accounted for about a third of the total decrease of the index. The 8.4% price decrease of fruit also had a bigger impact on the index. Compared to October, of food products, the prices of mandarins decreased the most (26%) and the prices of fresh cucumber increased the most (18%).
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