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Consumer price index on the rise again

Kuupäev 07.07.2020
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  3. Consumer price index on the rise again
According to Statistics Estonia, the change of the consumer price index in June 2020 was 0.9% compared to May 2020 and –1% compared to June of the previous year. Compared to June 2019, goods were 0.8% and services 1.2% cheaper.

In the fourth quarter, the economy contracted by 1.2%

Kuupäev 01.03.2021
Article
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  2. In the fourth quarter, the economy contracted by 1.2%
According to Statistics Estonia, in the fourth quarter of 2020, the gross domestic product (GDP) decreased by 1.2% year on year, and the GDP at current prices was 7.3 billion euros. In 2020 as a whole, the Estonian economy shrank by 2.9%.

In May, the consumer price index remained at the same level as in April

Kuupäev 07.06.2023
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  3. In May, the consumer price index remained at the same level as in April
According to Statistics Estonia, in May, the consumer price index remained at the same level compared with April and increased by 11.3% compared with May 2022. Goods were 11.1% and services 11.5% more expensive than in May last year.

In March, the consumer price index was still influenced the most by increased fuel prices

Kuupäev 07.04.2022
Article
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  2. In March, the consumer price index was still influenced the most by increased fuel prices
According to Statistics Estonia, in March 2022, the consumer price index increased by 2.7% compared to February 2022 and by 15.2% compared to March 2021. Goods were 13.7% and services 18.1% more expensive than in March last year.

In March, the consumer price index rose by 3.9% compared with March last year

Kuupäev 05.04.2024
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  3. In March, the consumer price index rose by 3.9% compared with March last year
According to Statistics Estonia, in March, the consumer price index increased by 0.4% compared with February 2024 and by 3.9% compared with March 2023. Goods were 1.9% and services 7.1% more expensive than in March last year.

Food prices had the biggest impact on the consumer price index in January

Kuupäev 07.02.2023
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  3. Food prices had the biggest impact on the consumer price index in January
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.

Foreign trade in goods showed signs of picking up in April

Kuupäev 10.06.2024
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  3. Foreign trade in goods showed signs of picking up in April
According to Statistics Estonia, in April 2024, exports of goods increased by 3% and imports by 6% compared with April 2023. Exports of goods amounted to more than €1.5 billion and imports to over €1.8 billion at current prices. The trade deficit was €305 million, which is €65 million more than in April last year.

Trade in goods down in August, most notably with EU countries

Kuupäev 10.10.2024
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  3. Trade in goods down in August, most notably with EU countries
Evelin Puura, the foreign trade statistics team lead at Statistics Estonia, said that trade in August was affected by the continued decline in exports and imports in trade with European Union (EU) countries. “Compared with August 2023, exports to EU countries decreased by 3% and imports from EU countries by 8%. At the same time, extra-EU exports were up by 6%,” noted Puura. The main commodities exported in August were electrical equipment (16% of Estonia’s total exports), agricultural products and food preparations (11%), and wood and articles of wood (11%). Year on year, the biggest decrease

In February, the price increase of food had a bigger impact on the consumer price index

Kuupäev 07.03.2022
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  2. In February, the price increase of food had a bigger impact on the consumer price index
According to Statistics Estonia, in February 2022, the consumer price index rose by 1.5% compared to January 2022 and by 12.0% compared to February 2021. Goods were 10.7% and services 14.5% more expensive than in February last year.

In February, the consumer price index was again influenced the most by rising food prices

Kuupäev 07.03.2023
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  3. In February, the consumer price index was again influenced the most by rising food prices
According to Statistics Estonia, in February, the consumer price index increased by 0.6% compared with January and by 17.6% compared with February 2022. Goods were 17.2% and services 18.5% more expensive than in February last year.

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