In May, more expensive motor fuel had the biggest impact on the year-on-year change of the consumer price index
According to Statistics Estonia, in May 2021, the consumer price index increased by 0.9% compared to April 2021 and by 3.6% compared to May 2020. Goods were 2.9% and services 4.4% more expensive than in May last year.
According to Statistics Estonia, in the first quarter of 2021, the gross domestic product (GDP) grew by 5.4% year on year. The GDP at current prices was 6.9 billion euros.
In April 2021, 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 1.6% compared to March 2021 and by 6.8% compared to April 2020.
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