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According to Statistics Estonia, the gross domestic product (GDP) decreased by 3.2% at constant prices in the first quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 8.7 billion euros.

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 fourth quarter of 2023, the gross domestic product (GDP) decreased by 2.7% compared with the same period of 2022. The GDP at current prices was 9.9 billion euros in the fourth quarter. In 2023 as a whole, Estonia’s GDP decreased by 3% and amounted to 37.7 billion euros at current prices.

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 0.4% in June 2023 compared with May and by 1.9% compared with June last year.

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.

According to Statistics Estonia, 713.5 tonnes of pesticides by active substance were placed on the market in Estonia in 2023, which is a tenth less than in 2022 and less than in the four previous years as well. The majority of pesticides sold were again herbicides.

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.

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 0.3% in May 2023 compared with April and rose by 0.8% compared with May last year.

Statistics Estonia’s survey “Information technology in enterprises” shows that the use of artificial intelligence (AI) by Estonian enterprises is steadily increasing. The use of data analytics is also growing.