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Food prices are becoming the biggest influencer of the consumer price index

Date 07.12.2022
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  3. Food prices are becoming the biggest influencer of the consumer price index
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.

The dwelling price index rose by 6.1% in 2024

Date 21.03.2025
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  3. The dwelling price index rose by 6.1% in 2024
Märt Umbleja, leading analyst at Statistics Estonia, said that the rise in the dwelling price index in 2024, calculated as the average of four quarters, was 6.1%. “Last year, the prices of apartments went up by 6.1% and the prices of houses by 6.2%,” added Umbleja. In the fourth quarter of last year, the dwelling price index increased by 3.6% compared with the same quarter of 2023. The prices of apartments rose by 2.1% and the prices of houses by 7.5%. “Quarter on quarter, the index continued the downtrend for the second quarter in a row. Compared with the third quarter of 2024, the prices of

In May, the consumer price index rose by 0.1% compared with April

Date 06.06.2025
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  3. In May, the consumer price index rose by 0.1% compared with April
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in May was almost unchanged compared with April but rose by 4.5% year on year. “Compared with May 2024, the index was affected the most by the 7.1% higher prices of food products. In transport, prices increased by 6.2%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from April, including an increased appointment fee for specialist medical care, which also affected the index year on

In June, the consumer price index rose by 0.9% compared with May

Date 07.07.2025
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  3. In June, the consumer price index rose by 0.9% compared with May
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in June was up by 0.9% compared with May and by 5% year on year. “Compared with June 2024, the index was affected the most by the 8.4% higher prices of food products. In transport, prices increased by 7.5%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from May, including an increased appointment fee for specialist medical care, which also affected the index year on year (10.1%). A

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

Date 07.07.2023
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  3. In June, the consumer price index was again influenced the most by food prices
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.

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

Date 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.

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

Date 08.05.2023
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  3. In April, the consumer price index was influenced the most by rising food prices
According to Statistics Estonia, in April, the consumer price index increased by 2.0% compared with March and by 13.5% compared with April 2022. Goods were 13.6% and services 13.1% more expensive than in April last year.

Construction price index up by 1.4% compared with the second quarter of last year

Date 22.07.2025
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  3. Construction price index up by 1.4% compared with the second quarter of last year
Ülo Paulus, leading analyst at Statistics Estonia, pointed out that in the second quarter, compared with the same period in 2024, the construction price index was primarily influenced by the increase in wages of workers, which accounted for 37% of the index change. However, the impact of wage growth on the change in the index was 5.5 percentage points lower than last year. “Compared with the first quarter of 2025, labour force was 0.1% more expensive, whereas the cost of using building machines and the price of building materials each increased by 1.2%. The rise in the cost of machinery was

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

Date 10.04.2023
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  3. In March, the consumer price index was influenced the most by rising food prices
According to Statistics Estonia, in March, the consumer price index increased by 0.7% compared with February and by 15.3% compared with March 2022. Goods were 14.4% and services 17.2% more expensive than in March last year.

In December, rising food prices had the biggest impact on the producer price index

Date 20.01.2023
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  3. 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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