October consumer price index was influenced the most by electricity

According to Statistics Estonia, the change of the consumer price index in October 2014 was 0.0% compared to September 2014 and -0.2% compared to October of the previous year.

Compared to October 2013, goods were 0.1% and services 0.5% cheaper.

Regulated prices of goods and services have risen by 0.2% and non-regulated prices have fallen by 0.4% compared to October of the previous year.

Compared to October 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% and heat energy 2.6% cheaper. 3.3% more expensive alcoholic beverages and 7.2% more expensive tobacco also had a bigger impact on the index. Motor fuel was 2.8% cheaper than in October of the previous year. Compared to October 2013, of food products, the prices of dried fruit and nuts have increased the most (17%) and the prices of sugar, apples and potatoes have decreased the most (41%, 25% and 19%, respectively).

In October compared to September, the consumer price index was mainly influenced by 9.2% cheaper fresh fruit and 20.8% more expensive plane tickets. Compared to September, of food products, the prices of hazelnuts increased the most (14%) and the prices of lemons, carrots and onions decreased the most (33%, 22% and 18%, respectively).

Change of the consumer price index by commodity groups, October 2014
Commodity group October 2013 –
October 2014, %
September 2014 –
October 2014, %
TOTAL -0.2 0.0
Food and non-alcoholic beverages -0.4 -0.4
Alcoholic beverages and tobacco 4.4 0.6
Clothing and footwear 1.1 0.5
Housing -2.2 -0.5
Household goods 1.1 0.2
Health 2.8 0.0
Transport -1.6 0.4
Communications -3.8 1.0
Recreation and culture 1.6 0.0
Education -21.9 0.0
Hotels, cafés and restaurants 4.3 -1.1
Miscellaneous goods and services 2.7 0.7

Source: Statistics Estonia

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