Finance
HICP flash estimate: prices up by 0.5% in July
According to the preliminary estimate of Statistics Estonia, in July, the harmonised index of consumer prices, which takes into account the expenditures of tourists, rose by 0.5% compared with June. Compared with July 2025, the index rose by 2%. This is a flash estimate which will be refined once more detailed data on July prices are received.
GDP flash estimate: the economy grew by 2.1% in Q2
According to the preliminary estimate of Statistics Estonia, in the second quarter of 2026, the gross domestic product (GDP) increased by 2.1% compared with the same period of 2025.
Higher building material prices pushed up construction prices in the second quarter
According to Statistics Estonia, the construction price index, which expresses the change in the cost of construction activity, rose by 3.1% in the second quarter of 2026 compared with the same period last year and by 1.9% compared with the first quarter of this year. In the second quarter, the index was most affected by the rise in the prices of building materials.