Inflation In Estonia At 3.9 Per Cent Y-o-Y In June 2012

According to a report in the Estonian Press Digest from News2Biz,  CPI (consumer price index) in other words inflation, in Estonia in June 2012 has seen a 3.9 per cent y-o-y increase, a small rise on the previous month’s y-o-y figure of 3.8 per cent.

Citing figures from Statistics Estonia, the report went on to state that services had seen a higher y-o-y increase (5.2 per cent) than goods (3.2 per cent) over the same period.

It also stated that increases in housing expenditure accounted for 40 per cent of the overall increase. This would include 11.2 per cent increases in the cost of electricity, heat, energy and fuels.

Transport saw a 4.1 per cent rise y-o-y, clothing and footwear a 5.3 per cent rise, food and non-alcholic beverages a 3.5 per cent rise and alcoholic beverages and tobacco a 5.4 per cent rise over the same period, the report stated.

On the other hand, communications saw a fall of -8.4 per cent over the same period, according to the report.

The original data from Statistics Estonia (in Estonian) is available here.

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