The annual change of the consumer price index in September was mainly influenced by electricity

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According to Statistics Estonia, the change of the consumer price index in September 2013 was -0.3% compared to August 2013 and 2.1% compared to September of the previous year.

Goods were 1.4% and services 3.2% more expensive compared to September of the previous year.

Regulated prices of goods and services have decreased by 1.0% and non-regulated prices have risen by 3.1% compared to September of the previous year.

Compared to September 2012, the consumer price index was mainly influenced by electricity and food, which accounted, respectively, for nearly 60% and more than a third of the total increase. The electricity that arrived at homes was 31.2% more expensive than a year before. 3.4% more expensive meat and meat products gave a quarter, 3.6% more expensive milk and dairy products gave a fifth and 13.8% more expensive fish and fish products gave another fifth of the impact of food on the index. In September 2013, motor fuel was 6.5% cheaper than the year earlier. The annual change of the consumer price index was last below 2% in March 2010, when it was 1.7%.

In September compared to August, the consumer price index was mainly influenced by the 12% price decrease of vegetables and the implementation of the higher education reform, which starting this academic year ensures free higher education for new full-time students who enrol in higher education programmes taught in Estonian. The index was also influenced by the end of sales of clothing and footwear and by the 2.1% price increase of electricity. Lemons were 21% more expensive than in August and carrots 36% cheaper.

Change of the consumer price index by commodity groups, September 2013
Commodity groupSeptember 2012 –

 

September 2013, %

August 2013 –

 

September 2013, %

TOTAL2.1-0.3
Food and non-alcoholic beverages2.7-1.4
Alcoholic beverages and tobacco4.70.6
Clothing and footwear3.63.4
Housing8.40.7
Household goods1.10.2
Health7.0-0.2
Transport-4.5-0.2
Communications-10.5-0.3
Recreation and culture2.2-0.2
Education-14.8-16.2
Hotels, cafés and restaurants6.5-1.6
Miscellaneous goods and services3.00.3
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