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In December, rising food prices had the biggest impact on the producer price index
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 0.3% in December 2022 compared with November 2022 and by 16.6% compared with December 2021.
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The population of Estonia grew by 2%: immigration was the main contributor as births were at a record low
According to the preliminary data of Statistics Estonia, on 1 January 2023, the population of Estonia was 1,357,739, which is 2% (25,943 persons) more than at the same time a year ago. In 2022, there were 11,588 births and 17,245 deaths in Estonia. Based on the data on registered migration, 42,022 persons immigrated to Estonia and 10,422 persons emigrated from Estonia. 75% (31,594) of the immigrants were from Ukraine.
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The number of Finnish tourists tripled in November
According to Statistics Estonia, in November 2022, Estonian accommodation establishments served nearly 226,000 tourists, which is 35% more than in November 2021. There was a rise in the number of both foreign* and domestic tourists.
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Imports of goods increased in November
According to Statistics Estonia, in November 2022, Estonia’s exports of goods at current prices remained at the same level and imports increased by 12% compared with November 2021.
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The consumer price index rose by 19.4% in 2022
According to Statistics Estonia, in 2022, the consumer price index increased by 19.4% compared with the average of 2021. Housing-related price changes had the biggest impact on the consumer price index in 2022.
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The decline in industrial production deepened in November
According to Statistics Estonia, in November 2022, the total production of industrial enterprises decreased by 12.2% at constant prices compared with November 2021. Output fell in all three sectors – by 3.6% in electricity production, by 13.1% in manufacturing and by 11.1% in mining.