Search results

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, fell by 2.6% in February 2024 compared with January and by 3.9% compared with February last year.

According to Statistics Estonia, in the first quarter of 2024, the total production value of construction enterprises in Estonia and abroad decreased by 13% compared with the same quarter a year earlier. On the domestic construction market, volume fell by 14%.

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with September 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, motor fuel and oils, and miscellaneous goods and services. “Among food products, the biggest increases compared with September last year occurred in the prices of juices and syrups, which rose by 57.1%, and the prices of olive oil, which increased by 56.3%. On the other hand, the prices of sugar decreased by 20.1%,” noted Veski. In September, petrol was 11.9% and diesel

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.

According to Statistics Estonia, in 2023, the dwelling price index increased by 5.9% compared with the average of 2022. The last time that the annual growth of the dwelling price index, which is calculated as the average of four quarters, was this low was in 2018.

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, fell by 0.8% in December 2023 compared with November and by 4.4% compared with December 2022.