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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

According to Statistics Estonia, in November, the consumer price index rose by 0.9% compared with October and by 21.3% compared with November 2021. Goods were 20.1% and services 23.5% more expensive than in November last year.

According to Statistics Estonia, in June, the consumer price index increased by 0.7% compared with May 2023 and by 9.2% compared with June 2022. Goods were 9.0% and services 9.2% more expensive than in June last year.

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 0.4% in July 2024 compared with June and by 0.8% compared with July last year.

The increase in the consumer price index in January was 0.8% compared with December 2022 and 18.6% compared with January 2022. Goods were 19.0% and services 17.8% more expensive than in January last year.