We know Estonia
8.9.2022 | Estonia

Consumer Price Index rises by 2.3% in August

Text Mark Taylor
Photo Tara Clark / Unsplash

Consumer Price Index rises by 2.3% in August

 

According to data from Statistics Estonia, in August, the consumer price index increased by 2.3 per cent compared with July, and by 24.8 per cent compared with August 2021. Goods were 18.3% and services 37.6% more expensive than in August last year.

Compared with August 2021, the consumer price index was affected the most by housing-related price changes, which contributed over 40 per cent of the total rise. “Electricity that reached homes was 205.9 per cent, heat energy 61.7 per cent, gas 244.2 per cent and solid fuels 100.0 per cent more expensive. The price changes of food and non-alcoholic beverages and transport respectively accounted for a fifth and seventh of the total rise in the index. Petrol was 30.5 per cent and diesel fuel 46.9 per cent more expensive,” explained Viktoria Trasanov, a leading analyst at Statistics Estonia.

Among food products, the biggest increase compared to August 2021 occurred in the price of sugar, up 81.2 per cent. Flour and cereals were 75.2 per cent, spices 57.6 per cent, other edible oils 56.5 per cent, and eggs 50.9 per cent more expensive.  

The consumer price index rose by 2.3 per cent compared to July. The increase was influenced the most by housing (9.6 per cent) and food and non-alcoholic beverages (2.2 per cent). The cost of clothing and footwear rose by 4.5 per cent, in part due to the ending of many sales. However, petrol was 6.3% and diesel fuel 8.2% cheaper in August compared to July.

 

To learn more about this and similar topics
Consumer Price Index Electricity Prices Fuel Prices Goods Price Rises Services Statistics Estonia

1.3.2024 | Estonia

The popular Happy Big Band Weekend returns

The popular Happy Big Band Weekend returns

This weekend, the popular Happy Big Band Weekend will return. Although the majority of the festival will take place … Read more

27.2.2024 | Nature

Estonia has shrunk by 4 km2, but gained 95 new islands

Estonia has shrunk by 4 km2, but gained 95 new islands

A new map completed by the Estonian Land Board has found that although the country has 95 more islands … Read more

23.2.2024 | Estonia

Independence Day celebrations around Estonia this Saturday!

Independence Day celebrations around Estonia this Saturday!

There are many events taking place around Estonia to mark the 106th anniversary of its independence. Read on to … Read more

14.2.2024 | Estonia

The summer of 2024 will see major roadworks again in central Tallinn

The summer of 2024 will see major roadworks again in central Tallinn

In the coming summer, many new traffic arrangements can be expected in Tallinn due to the construction work of … Read more

9.2.2024 | Estonia

Viljandi Lights festival begins today

Viljandi Lights festival begins today

This weekend, the city of Viljandiwill see the return of the much-anticipated annual visual arts festival, Viljandi Tuled (Viljandi … Read more

8.2.2024 | Estonia

A unique concert that fuses folk, classical, and jazz

A unique concert that fuses folk, classical, and jazz

Tonight, February 8, at the Alexela Concert Hall in Tallinn, attendees will be treated to a unique concert. A … Read more

4.2.2024 | Estonia

Finnish dog Riina has become a celebrity in Estonia

Finnish dog Riina has become a celebrity in Estonia

Two-year-old dog Riina and her owner Anu Saarto were prominently featured in Estonian media last summer. Anu and her … Read more

1.2.2024 | Estonia

The Lord of the Rings in concert

The Lord of the Rings in concert

The Lords of The Sound Symphony Orchestra are set to take audiences on an enchanting journey through Middle Earth … Read more