Motor fuel is 15 pct cheaper than last year

According to Statistics Estonia, the change of the consumer price index in November 2015 was -0.3% compared to October 2015 and -0.2% compared to November of the previous year.

Compared to November 2014, goods were 0.5% cheaper and services 0.4% more expensive. Regulated prices of goods and services have fallen by 3.5% and non-regulated prices risen by 0.9 % compared to November of the previous year.

Compared to November 2014, the consumer price index was influenced the most by motor fuel, which has become 14.7% cheaper. 6.2% cheaper electricity, heat energy and fuels also had a bigger impact on the index, as heat energy was 10%, gas 19.6% and the electricity that arrived at homes 2% cheaper than in the same month of the previous year. The prices of milk and dairy products have decreased 8.2%. Out of the products which became more expensive, alcoholic beverages had the biggest impact on the index, as their prices have decreased 7.2% compared to November of the previous year. Compared to November 2014, of food products, the prices of dried fruit and nuts (21%) and sugar (18%) have increased the most, whereas the prices of milk and butter have decreased the most (17% and 16%, respectively).

Compared to plane tickets that were bought for October at a very high price, the tickets bought for November were 21% cheaper. Compared to October 2015, 3.5% more expensive motor fuel as well as a decrease in the prices of electricity that arrived at homes and milk and dairy products (both -1.9%) also had a bigger impact on the index.

Read more from Statistics Estonia

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