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In February, the producer price index was influenced by falling prices in the manufacture of wood

Date 20.03.2023
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  3. In February, the producer price index was influenced by falling prices in the manufacture of wood
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, decreased by 0.2% in February 2023 compared with January 2023 and increased by 11.6% compared with February 2022.

Industrial production in August declined significantly in the manufacture of wood

Date 04.10.2024
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  3. Industrial production in August declined significantly in the manufacture of wood
Helle Bunder, leading analyst at Statistics Estonia, pointed out that, as in the first half of the year, when the volume of manufacturing declined by 6%, the fall continued at the same rate in August. “Also, as in the previous months, the volume of industrial production was down in two thirds of the manufacturing activities,” Bunder added. Looking at the larger industries, output decreased in the manufacture of wood (14.4%), electrical equipment (4.7%), and building materials (8%). The manufacture of food products and fabricated metal products remained nearly unchanged, with production falling

Construction price index continued to rise in the second quarter

Date 23.07.2024
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  3. Construction price index continued to rise in the second quarter
According to Statistics Estonia, in the second quarter of 2024, the construction price index increased by 0.7% compared with the first quarter and by 2.2% compared with the second quarter of 2023.

The producer price index rose by 0.2% in October year on year

Date 20.11.2024
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  3. The producer price index rose by 0.2% in October year on year
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that producer prices in manufacturing as a whole increased for the second month in a row – by 0.7% in October and by 0.8% in September. “Compared with October 2023, the producer price index was most affected by higher prices in the manufacture of wood and wood products, in the repair of machinery and equipment, and in the manufacture of electronic equipment. Falling prices in the manufacture of fuel oils and in electricity and heat energy production had the opposite effect on the index. Producer prices in the

Industrial production fell in 2022 due to weaker performance in the second half of the year

Date 06.02.2023
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  3. Industrial production fell in 2022 due to weaker performance in the second half of the year
According to Statistics Estonia, in 2022, the total production of industrial enterprises fell by 1.9% at constant prices compared with the year before. Of the three main industrial sectors, production increased by 7.3% in mining and by 5.4% in energy production but decreased by 2.7% in manufacturing.

The decline in industrial production volumes was slower in May

Date 04.07.2024
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  3. The decline in industrial production volumes was slower in May
According to Statistics Estonia, in May 2024, the total production of industrial enterprises fell by 1.2% compared with May last year. Among the three industrial sectors, output increased by 2.1% in electricity production but decreased by 0.7% in mining and by 1.4% in manufacturing.

In January, electricity had the biggest impact on the consumer price index

Date 07.02.2022
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  2. In January, electricity had the biggest impact on the consumer price index
According to Statistics Estonia, in January 2022, the consumer price index changed by -0.1% compared to December 2021 and by 11.3% compared to January 2021. Goods were 9.0% and services 16.0% more expensive than in January last year.

Partial compensation for energy prices slowed the rise of the consumer price index in October

Date 07.11.2022
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  3. Partial compensation for energy prices slowed the rise of the consumer price index in October
According to Statistics Estonia, in October, the consumer price index fell by 1.1% compared with September and rose by 22.5% compared with October 2021. Goods were 20.5% and services 26.4% more expensive than in October last year.

In October, the consumer price index rose by 4.1% year on year

Date 07.11.2024
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  3. In October, the consumer price index rose by 4.1% year on year
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with October 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, recreation, and phone services. “Among food products, the higher prices of non-alcoholic beverages (+20.4%), fruits (+12.4%) and vegetables (+5.5%) drove up the index the most compared with October last year. Sugar was 23.3% and fish and fish preparations 4.6% cheaper,” added Veski. In October, petrol was 11.3% and diesel fuel 12.9% cheaper than in October 2023. Electricity

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