According to Statistics Estonia, the country’s consumer price index increased by 9.2% in 2023 compared to the 2022 average; price changes related to food and non-alcoholic beverages had the biggest impact on the consumer price index in 2023.
Viktoria Trasanov, a team lead at Statistics Estonia, the country’s official statistics agency, said the biggest impact on the consumer price index in 2023 came from price increases related to food and non-alcoholic beverages, which accounted for almost two-fifths of the total increase.
“Among food products, the biggest increases were in the prices of sugar (42.2%), cocoa (29.9%), olive oil (26.6%) and sauces (25.6%). Petrol was 7.4% and diesel 10.7% cheaper,” Trasanov said in a statement.
