City View of Tallinn
According to Statistics Estonia, in February, the consumer price index rose by 0.9% compared to January and by 0.6% compared to February 2020. Goods were 0.6% cheaper and services 2.7% more expensive than in February last year.
Viktoria Trasanov, leading analyst at Statistics Estonia, said that, compared to February 2020, the consumer price index was affected the most by 26.7% more expensive electricity that reached homes and by cheaper motor fuel. “Diesel fuel was 12.8% and petrol 4% cheaper. Among food products, the biggest increase occurred in the prices of baby food (11.6%) and flour mixes (9.1%), while the biggest decrease was recorded in the prices of fresh fish (26.5%), potatoes (19.5%) and olive oil (9.3%),” explained Trasanov.
Compared to January, the consumer price index was affected the most by the rising prices of motor fuel. In February, the price of diesel fuel rose by 6.4% and the price of petrol by 3.1% compared to the previous month. Food products also had a bigger impact, as dairy products were 2.1% and fresh vegetables 5.1% more expensive.
Change of the consumer price index by commodity groups, February 2021
Commodity group | February 2020 – February 2021, % |
January 2021 –
February 2021, % |
TOTAL | 0.6 | 0.9 |
Food and non-alcoholic beverages | -0.7 | 0.9 |
Alcoholic beverages and tobacco | 1.3 | 0.8 |
Clothing and footwear | -1.9 | 0.8 |
Housing | 3.7 | 0.7 |
Household goods | 0.5 | -0.9 |
Health | 3.3 | 0.5 |
Transport | -1.1 | 2.8 |
Communications | -1.9 | -0.2 |
Recreation and culture | 2.9 | 1.5 |
Education | 1.1 | 0.0 |
Hotels, cafés and restaurants | -1.2 | 0.1 |
Miscellaneous goods and services | 1.5 | 0.3 |