The prices of potato and sugar have decreased the most

According to Statistics Estonia, the change of the consumer price index in July 2014 was –0.2% compared to June 2014 and –0.4% compared to July of the previous year.

Goods were 0.7% cheaper compared to July 2013 and services were 0.1% more expensive.

Regulated prices of goods and services have risen by 0.3% and non-regulated prices have fallen by 0.7% compared to July of the previous year.

Compared to July 2013, the consumer price index was influenced the most by 23% cheaper vegetables. 2.9% cheaper electricity, heat energy and fuels, 13% cheaper mobile communication services, and alcoholic beverages and tobacco, the prices of which have increased 2.1% and 6.2%, respectively, also had a bigger impact on the index. In July, compared to July 2013, motor fuel was 0.6% more expensive. In comparison with the same time of the previous year, of food products, the prices of conserved milk have increased the most (15%) and the prices of potato and sugar have decreased the most (42% and 32%, respectively).

In July, compared to June, the consumer price index was influenced the most by widespread sales of clothing and footwear. The 2.9% more expensive electricity that arrived at homes and nearly 10% cheaper fresh vegetables also had a bigger impact on the index. Compared to June, of food products, the prices of Chinese cabbages and fresh cabbages decreased the most (42% and 26%, respectively) and the prices of strawberries increased the most (22%).

Change of the consumer price index by commodity groups, July 2014
Commodity group July 2013 –
July 2014, %
June 2014 –
July 2014, %
TOTAL -0.4 -0.2
Food and non-alcoholic beverages -2.0 -0.5
Alcoholic beverages and tobacco 3.2 -0.4
Clothing and footwear -0.1 -4.7
Housing -0.5 1.2
Household goods 0.7 0.0
Health 2.6 0.3
Transport -1.3 0.0
Communications -5.9 -0.6
Recreation and culture 2.3 0.0
Education -14.3 0.0
Hotels, cafés and restaurants 3.6 0.4
Miscellaneous goods and services 2.3 0.0

 

Source: Statistics Estonia

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