According to Statistics Estonia, the change of the consumer price index in March 2016 was 0.8% compared to February 2016 and -0.2% compared to March of the previous year.
Compared to March 2015, goods were 0.3% and services 0.1% cheaper. Regulated prices of goods and services have fallen by 3.0% and non-regulated prices have risen by 0.7 % compared to March of the previous year.
Compared to March 2015, the consumer price index was influenced the most by motor fuel, which has become 11.6% cheaper, with petrol having become 10.7% and diesel fuel 13.5% cheaper. 11% cheaper heat energy and 6% more expensive alcoholic beverages also had a bigger impact on the index. Compared to March of the previous year, liquid fuel has become 26% more expensive and pipeline gas has become 26% cheaper.
In March compared to February, the consumer price index was yet again influenced the most by transport, which provided more than a third of the total increase, with motor fuel becoming 2.9% and plane tickets bought for March 21% more expensive. 1.2% more expensive food and non-alcoholic beverages had nearly the same impact on the index, with 4.5% more expensive vegetables providing more than a third of the impact.
The previous time that the monthly change of the consumer price index was greater than 0.8% was in March 2012 when it was 1.0%.
|Commodity group||March 2015 –
March 2016, %
|February 2016 –
March 2016, %
|Food and non-alcoholic beverages||0.5||1.2|
|Alcoholic beverages and tobacco||5.4||0.7|
|Clothing and footwear||3.2||1.9|
|Recreation and culture||3.5||0.8|
|Hotels, cafés and restaurants||3.3||-0.4|
|Miscellaneous goods and services||1.7||-0.2|
Source: Statistics Estonia