Navigate to content

Search results

The consumer price index rose by 9.2% in 2023

Article
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.

In September, the consumer price index remained at the same level as in August

Article
According to Statistics Estonia, in September, the consumer price index remained at the same level as in August 2023 and increased by 4.2% compared with September 2022. Goods were 5.7% and services 1.3% more expensive than in September last year.

The consumer price index grew by 4.6% in August

Article
According to Statistics Estonia, in August, the consumer price index increased by 0.5% compared with July 2023 and by 4.6% compared with August 2022. Goods were 7.6% more expensive and services 0.8% cheaper than in August last year. The last time that the change of the consumer price index compared with the same month of the previous year was smaller than 4.6% was in June 2021, when it was 3.8%.

Consumer price index fell in July

Article
According to Statistics Estonia, in July, the consumer price index decreased by 0.6% compared with June 2023 and increased by 6.4% compared with July 2022. Goods were 8.1% and services 3.1% more expensive than in July last year.

Prices

Area
The prices of goods and services concern and affect many people. People pay attention to what is cheaper and how the prices change over time. When looking for a home, they enquire where, at what price and when it is most advantageous to buy or rent a dwelling. The builders, however, are interested in construction prices. All this information helps to make small and large decisions in everyday life. Statistics Estonia publishes the services producer price index, the producer price index of industrial output, the export and import price indices, the consumer price index, the construction price

Consumer price index

Area
The consumer price index (CPI) expresses the change in the prices of consumer goods and services. In order to calculate the consumer price index, it is first necessary to identify what an average private consumer regularly buys. The expenditures are then categorised according to the Classification of Individual Consumption According to Purpose, and shares in the total index, called index weights, are calculated. For the calculation of the index, it is also necessary to choose the goods and services for which price changes will be monitored. These are called representative goods. Then, it is