Finance

According to Statistics Estonia, in the second quarter of 2023, the dwelling price index increased by 5% compared with the second quarter of 2022 and by 3.8% compared with the first quarter of 2023.

The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 0.1% in August 2023 compared with July and decreased by 4.4% compared with August last year.

According to Statistics Estonia, in August, the consumer price index increased by 0.5% compared with July 2023 and by 4.6% compared with August 2022. Goods were 7.6% more expensive and services 0.8% cheaper than in August last year. The last time that the change of the consumer price index compared with the same month of the previous year was smaller than 4.6% was in June 2021, when it was 3.8%.