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According to Statistics Estonia, in the first quarter of 2023, the construction price index increased by 1.5% compared with the fourth quarter of 2022 and by 12.6% compared with the first quarter of 2022.

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.

According to Statistics Estonia, in the third quarter of 2022, the construction price index increased by 3.8% compared with the second quarter of 2022 and by 17.4% compared with the third quarter of 2021.

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, rose by 0.1% in October compared with September 2022 and by 23.5% compared with October 2021.

According to Statistics Estonia, in 2023, the consumer price index increased by 9.2% compared with the average of 2022. Price changes related to food and non-alcoholic beverages had the biggest impact on the consumer price index in 2023.