The consumer price index fell

According to Statistics Estonia, the change of the consumer price index in September 2014 was -0.2% compared to August 2014 and -0.6% compared to September of the previous year.

Compared to September 2013, goods were 0.3% and services 1.0% cheaper.

Regulated prices of goods and services have fallen by 1.1% and non-regulated prices by 0.4% compared to September of the previous year.

Compared to September 2013, the consumer price index was influenced the most by electricity, heat energy and fuels, whereas the electricity that arrived at homes was 7.6% cheaper and heat energy was 4.1% cheaper. Compared to the same period of the previous year, 4.5% cheaper motor fuel, 1.8% more expensive alcoholic beverages and 7.2% more expensive tobacco also had a bigger impact on the index. Compared to September 2013, of food products, the prices of conserved milk have increased the most (18%) and the prices of sugar and apples have decreased the most (39% and 30%, respectively).

In September compared to August, the consumer price index was mainly influenced by the implementation of the higher education reform, which ensures free higher education for all first- and second-year full-time students who enrolled in higher education programmes taught in Estonian. The end of sales of clothing and footwear, 2.1% price increase of electricity and 12% cheaper plane tickets also had a bigger impact on the index. Compared to August, of food products, the prices of tomatoes increased the most (98%) and the prices of potatoes decreased the most (23%).

Change of the consumer price index by commodity groups, September 2014
Commodity group September 2013 –
September 2014, %
August 2014 –
September 2014, %
TOTAL -0.6 -0.2
Food and non-alcoholic beverages -0.2 0.1
Alcoholic beverages and tobacco 3.3 0.3
Clothing and footwear 1.4 3.3
Housing -2.2 0.7
Household goods 1.0 0.3
Health 3.2 0.2
Transport -3.7 -1.2
Communications -4.3 -0.9
Recreation and culture 1.9 -0.1
Education -21.9 -23.5
Hotels, cafés and restaurants 5.2 0.3
Miscellaneous goods and services 2.0 0.4

Source: Statistics Estonia

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