Consumer prices increase by 3.4 percent in 2017 ({{commentsTotal}})

Food products as well as non-alcoholic beverages drove the increase of consumer prices in 2017.
Food products as well as non-alcoholic beverages drove the increase of consumer prices in 2017.

Consumer prices increased by an average 3.4 percent in 2017 compared to 2016. They were influenced the most by food products and non-alcoholic beverages, which made up two fifths of the increase, Statistics Estonia reported on Monday.

The price of milk, dairy products, and eggs increased by 10.4 percent year on year, accounting for the single indicator that increased the most.

Motor fuels and alcoholic beverages as well as tobacco made up roughly a fifth of the overall increase. Prices of alcoholic beverages increased by 8.4 percent, those of tobacco products by 9.5 percent. Petrol was up 12.8 percent, diesel oil 14.7 percent.

The food products that showed the biggest single price increase in 2017 were butter at 33 percent, low-fat milk at 19.9 percent, and potato at 15.7 percent.

Editor: Dario Cavegn



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