According to Statistics Estonia, in January 2012 compared to December 2011, the change of the consumer price index was 0.7% and compared to January of the previous year 4.5%.
Regulated prices of goods and services have risen by 9.2% and non-regulated prices by 2.9% compared to January of the previous year.
Compared to January 2011, the consumer price index was mainly influenced by housing expenditures, which gave over 40% of the total increase. Of which in turn over three fourths gave 14.3% more expensive electricity, heat energy and fuels. Food and non-alcoholic beverages gave more than a fifth of the total increase of the index, of which a half was counted by 8.5% more expensive meat products. 10.4% more expensive motor fuel gave an eighth of the total increase. Compared to the same period a year ago, the prices of the following food products have increased the most: vegetable oil (27%), coffee (26%), and sugar (26%). In January 2012, potatoes were 33% and fresh vegetables 12% cheaper than a year earlier.
In January compared to December, the consumer price index was mainly influenced by the 3.5% price increase of electricity, heat energy and fuels; as well as seasonal sales of clothing and footwear and 3.3% price increase of motor fuel. Thereby the increase in renewable energy fee and prices of network services were the main reason for the 4.4% of price increase of electricity. The prices of heat energy increased by 2.9% and gas by 10.6%.
Statistics Estonia updates the weights system of the consumer price index and the representative goods every year. In 2012, the weights system of the consumer price index corresponds to the average expenditure structure of the population in 2011. The base prices used for calculations are December prices of the year 2011. To ensure the comparability with the previous periods, the consumer price index is continued to be published on the base 1997 = 100. The linking month is December 2011.
The table presents the expenditure structure (weights) used in 2011, as well as the expenditure structure used since January index of 2012.
|Commodity group||Weight 2011, ‰||Weight 2012, ‰||December 2011 –
January 2012, %
|January 2011 –
January 2012, %
|Food and non-alcoholic beverages||242.1||237.5||0.8||4.0|
|Alcoholic beverages and tobacco||77.7||79.1||0.9||4.4|
|Clothing and footwear||54.1||50.5||-3.8||3.6|
|Recreation and culture||81.3||79.1||0.1||1.3|
|Hotels, cafés and restaurants||31.6||33.0||0.1||7.5|
|Miscellaneous goods and services||51.4||48.7||-0.3||2.7|
Filed under: Energy |