May 9, 2023

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.

Viktoria Trasanov, a team lead at Statistics Estonia, said that compared with April 2022, the consumer price index was influenced the most by price increases of food and non-alcoholic beverages, which accounted for nearly two fifths of the total rise, and housing-related price changes that accounted for a fifth of the total increase.

“Electricity that reached homes was 49.4%, heat energy 15.6%, and solid fuels 14.4% more expensive, while gas was 43.4% cheaper. In April, the automatic compensation scheme for electricity and district heating came to an end. The price of gas had already fallen below the compensation threshold earlier,” Trasanov said.

Among food products, the biggest increase compared with April of last year occurred in the prices of sugar (86.1%). Cocoa was 41.5%, olive oil 41.4%, sauces 40.9%, bread products 35.6%, and poultry meat 35.1% more expensive. “Petrol was 6.2% and diesel fuel 12.5% cheaper,” added Trasanov.

Compared with March, the consumer price index was influenced the most by housing-related price changes, which accounted for 70% of the total increase.

Source: Statistics Estonia
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