The change of the consumer price index in September was -0.3% compared to August and -1.1% compared to September 2019, data from Statistics Estonia showed. Year on year, goods were 0.7% and services 1.7% cheaper.
Leading analyst at Statistics Estonia Viktoria Trasanov said compared to September 2019, the consumer price index was affected the most by decreases of diesel fuel and petrol, which were 26% and 7.8% cheaper.
“Another significant contributor to the index change was housing services, as electricity that reached homes was 9% cheaper than last year. Plane tickets bought for September and accommodation services were nearly 23% cheaper,” Trasanov added.
Compared to September 2019, food produce prices fell the most for potatoes (25%) and fresh vegetables (12%), but increased for baby food (11.3%) and crisps (10.6%).
Regulated prices of goods and services fell by 5.7%, while non-regulated prices rose by 0.2% YoY.
Compared to August, in September, the consumer price index was affected the most by the price decrease of food, mainly on account of 11.4% cheaper vegetables and 6.3% cheaper fruit, as well as by the end of sales of clothing and footwear. (ERR/Business World Magazine)