The change in the consumer price index in June was mainly influenced by electricity

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According to Statistics Estonia, the change in the consumer price index was 0.5% in June 2013 compared to May and 3.8% compared to June of the previous year.

Goods were 2.6% and services 6.0% more expensive compared to June of the previous year.

Regulated prices of goods and services have risen by 1.4% and non-regulated prices by 4.5% compared to June of the previous year.

Compared to June 2012, the consumer price index was mainly influenced by housing expenditures, which gave over a half of the total increase, whereas the electricity that arrived at homes – which was 38% more expensive than the year before –  accounted for three quarters of this. Food accounted for nearly a third of the total increase, whereas 25% more expensive vegetables accounted for nearly two fifths and 5.2% more expensive meat and meat products accounted for a fourth of that. In June 2013, motor fuel was 2.5% cheaper than the year earlier. Among food products, the prices of potatoes and apples have increased the most compared to the same period of the previous year – by 97% and 27% respectively. The prices of eggs, sugar and coffee have decreased by 13%, 12% and 11% respectively.

In June compared to May, the consumer price index was mainly influenced by the 23% price increase of electric energy, which also caused a 10.7% increase in the price of electricity that arrived at homes. The index was also influenced by the 0.8% decrease in food prices and the 1.6% decrease in the prices of alcoholic beverages. The reason for this was the sales of meat and meat products, beer and strong alcoholic beverages before Midsummer Day and the 6.3% price decrease of fresh vegetables. In a month, the prices of mandarins increased the most (by 17%) and the prices of tomatoes decreased the most (by 33%).

Change in the consumer price index by commodity groups, June 2013

Commodity groupJune 2012 –

 

June 2013, %

May 2013 –

 

June 2013, %

TOTAL3.80.5
Food and non-alcoholic beverages4.8-0.8
Alcoholic beverages and tobacco4.6-1.2
Clothing and footwear4.9-0.2
Housing11.93.1
Household goods1.50.5
Health6.80.2
Transport-3.00.5
Communications-10.2-0.8
Recreation and culture3.21.2
Education2.70.0
Hotels, cafés and restaurants6.92.5
Miscellaneous goods and services2.20.3
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