The Statistics Office of Estonia is set to hold a press conference on Monday at 10 AM, where it will unveil the latest data regarding the consumer price index (CPI) alongside updates to its calculation methodology. The event will be streamed live on ERR's portal for the public to view. At the press conference, key figures such as the Director General of the Statistics Office, Urmet Lee, and the head of consumer price statistics, Lauri Veski, will provide insights and explanations related to these developments. This announcement is particularly significant as the consumer price index is a critical economic indicator that reflects inflation and changes in consumer purchasing behavior. By updating the calculation methods, the Statistics Office aims to enhance the accuracy and relevance of the CPI, which can influence economic policies and public perception regarding inflationary pressures. As the data will be publicly available, it offers insights not only for policymakers and economists but also for businesses and consumers who are keen on understanding economic trends. The updates could potentially have a broader effect on discussions surrounding cost of living adjustments and economic strategy in Estonia.