---
title: "Estonia’s consumer price index up by 9.2% in 2023"
id: "75454"
type: "post"
slug: "estonias-consumer-price-index-up-by-9-2-in-2023"
published_at: "2024-01-10T01:45:00+00:00"
modified_at: "2024-01-10T22:45:17+00:00"
url: "https://estonianworld.com/business/estonias-consumer-price-index-up-by-9-2-in-2023/"
markdown_url: "https://estonianworld.com/business/estonias-consumer-price-index-up-by-9-2-in-2023.md"
excerpt: " 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 […]"
taxonomy_category:
  - "Business"
publisher: "Estonian World"
language: "en-GB"
author: "Sten Hankewitz"
author_url: "https://estonianworld.com/author/stenhankewitz/"
---

# Estonia’s consumer price index up by 9.2% in 2023

![A Prisma grocery shop in Tallinn, Estonia. Photo by Prisma.](https://estonianworld.com/wp-content/uploads/2024/01/A-Prisma-grocery-shop-in-Tallinn-Estonia-1024x671.jpg)

A Prisma grocery shop in Tallinn, Estonia. Photo by Prisma.

By  [Sten Hankewitz](https://estonianworld.com/author/stenhankewitz/)
  ·  January 10, 2024  · [Business](https://estonianworld.com/category/business/)
 · 1 minute of reading

### 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.

![Change in consumer price index on previous year, 2013-2023. Chart by Statistics Estonia.](https://estonianworld.com/wp-content/uploads/2024/01/chart-1024x853.jpeg)

Change in consumer price index on previous year, 2013-2023. Chart by Statistics Estonia.

## About The Author

![Avatar photo](https://estonianworld.com/wp-content/uploads/local-avatars/15/1707599474-bpfull-100x100.jpg)

[Sten Hankewitz](https://estonianworld.com/author/stenhankewitz/)
Sten Hankewitz is a lifelong journalist and the Executive Editor at Estonian World. Having lived in Estonia, Spain, the UK and all around the US, he now resides in the White Mountains of New Hampshire. He loves to write and besides working at Estonian World, he [writes books](https://estonianworld.com/culture/the-grand-illusion-estonian-worlds-sten-hankewitz-publishes-a-novel-about-growing-up-in-the-soviet-union/)
 and contributes to other outlets. He has strong convictions and shows them unashamedly. You can follow Sten on [Threads](https://www.threads.net/@stenhankewitz)
, [X](https://twitter.com/stenhankewitz)
 and [Facebook](https://www.facebook.com/shankewitz/)
. You can also [email him](mailto:sten@estonianworld.com)
.