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Producer price index of industrial output rose by 22.4% year on year

Article
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 0.2% in November compared with October 2022 and by 22.4% compared with November 2021.

Economic growth hindered by rising prices

Article
In the first quarter of 2022, the gross domestic product (GDP) grew by 4.3% year on year. The GDP at current prices was 8 billion euros.

Excessive Deficit Procedure (EDP)

Basic page
Article 104 of The Treaty establishing the European Community comprises a commitment for the EU Member States to avoid excessive budgetary deficits. In particular, Member States shall comply with budgetary discipline by respecting two criteria defined in the Annex to the Treaty, the Protocol no 20 on the excessive deficit procedure . The reference values not to be exceeded are: 3% for the ratio of the public deficit to the GDP at market prices 60% for the ratio of the public debt to the GDP at market prices Article 104 also sets out a procedure, known as Excessive Deficit Procedure, to be

Producer prices of food products continued to rise in October

Article
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.

In January, the producer price index of industrial output fell by 1.0% compared with the previous month

Article
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, decreased by 1.0% in January 2023 compared with December 2022 and increased by 12.7% compared with January 2022.

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

Article
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.

Kaie Koskaru-Nelk named the new Deputy Director General of Statistics Estonia

Article
In September, Kaie Koskaru-Nelk, former Deputy Secretary General of Fiscal Policy of the Ministry of Finance, will assume office as Deputy Director General of Statistics Estonia. Koskaru-Nelk, who has worked in management positions in the public sector for over 20 years, will be responsible for strategic management of statistical analysis departments and international cooperation.

Slower year-on-year increase in the Dwelling Price Index

Article
According to Statistics Estonia, in 2020, the Dwelling Price Index increased by 6% compared to the average of 2019. In the fourth quarter of 2020, it rose by 4.8% compared to the same quarter of 2019.