Consumer price index remains stable ({{commentsTotal}})

Energy rates kept the consumer price index in check.
Energy rates kept the consumer price index in check. Source: (Reuters/Scanpix)

The consumer price index in Estonia remained flat in October, unchanged from the previous month. It dropped 0.2 percent compared to the CPI in October of 2013, Statistics Estonia reported today.

The report said that goods were 0.1 percent less expensive and services were 0.5 percent cheaper compared to the same period last year.

This was driven mostly by the rates of electricity, heat energy and fuels, Statistics Estonia said. Electricity rates decreased 7.6 percent over the period, and heat energy was down by 2.6 percent. Motor fuel rates declined by 2.8 percent.

Alcoholic beverages were 3.3 percent more expensive over the period, and tobacco shot up 7.2 percent, compared with the same time last year. Out of food products, dried fruit and nuts have increased the most (17 percent), while the price of sugar, apples and potatoes have seen the greatest drop (41, 25 and 19 percent, respectively).

Compared to September, the consumer price index was mainly influenced by 9.2% cheaper fresh fruit and 20.8% more expensive plane tickets in October. Of food products, the prices of hazelnuts increased the most (14%) and the prices of lemons, carrots and onions decreased the most (33%, 22% and 18%, respectively).

The category comparisons for the index are listed below.

Easter Monday a public holiday? But you're forgetting productionEaster Monday a public holiday? But you're forgetting production
Estonia’s Easter Monday time loop: Discussing an additional day off

Every year, Estonia reliably asks itself the question whether or not Easter Monday should be made a public holiday. Opinions differ. While one side emphasizes the importance of family time, the other thinks an additional day off would threaten economic growth.

Minister of Social Protection Kaia Iva (IRL).Minister of Social Protection Kaia Iva (IRL).
Samost: Kaia Iva’s charisma could help IRL out of long-term low

In Sunday’s “Samost ja Rumm” radio debate show, editor-in-chief of ERR’s online news, Anvar Samost, and journalist and former politician Hannes Rumm discussed the potential and actual candidates for the chairmanship of the Pro Patria and Res Publica Union (IRL). At the time of the broadcast, Helir-Valdor Seeder had not yet made his intention to run public.