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According to Statistics Estonia, in 2022, the Dwelling Price Index increased by 22.2% compared with the average of 2021, but the rise in prices basically stopped in the fourth quarter.

According to Statistics Estonia, in the third quarter of 2022, the Dwelling Price Index increased by 0.8% compared with the second quarter of 2022 and by 24.2% compared with the third quarter of 2021.

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

According to Statistics Estonia, in February, the consumer price index remained at the same level as in January 2024 and increased by 4.2% compared with February 2023. Goods were 2.7% and services 6.6% more expensive than in February last year.

According to Statistics Estonia, in the fourth quarter of 2023, the average monthly gross wages and salaries were 1,904 euros, which is 9.7% higher than in the same quarter the year before. In 2023 as a whole, the average monthly gross wages and salaries were 1,832 euros, up by 11.3% compared with 2022. The median monthly gross wages were 1,578 euros in the fourth quarter of 2023 and 1,501 euros in 2023 overall.

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

According to Statistics Estonia, in the second quarter of 2022, the Dwelling Price Index increased by 8% compared with the first quarter of 2022 and by 27.4% compared with the second quarter of 2021.

Statistics Estonia has revised the entire time series of gross domestic product (GDP) starting from 1995. During the revision, updated basic data sources were incorporated and methodological improvements were made.

According to Statistics Estonia, in the third quarter of 2023, the dwelling price index decreased by 0.3% compared with the second quarter and increased by 3.8% compared with the third quarter of 2022.

The results of the 2021 population and housing census have been published. The data on the Estonian population collected during the census helps us understand what life is like in Estonia today.