Prices
The prices of goods and services concern and affect many people. People pay attention to what is cheaper and how the prices change over time. When looking for a home, they enquire where, at what price and when it is most advantageous to buy or rent a dwelling. The builders, however, are interested in construction prices. All this information helps to make small and large decisions in everyday life.
Statistics Estonia publishes the services producer price index, the producer price index of industrial output, the export and import price indices, the consumer price index, the construction price index and the dwelling price index. Information is also available on the agricultural output price index and the agricultural input price index.
Price indices provide information on price changes and can be used to monitor the development of the Estonian economy. Most of the indices are calculated on the basis of an internationally recognised methodology, which makes it possible to compare developments with other countries. Price indices are widely used in various contracts to adjust fees. The consumer price index is also used to adjust pensions and wages.
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.
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.
Consumer price index up by 2.3% in June year on year
According to Statistics Estonia, in June, the consumer price index decreased by 0.5% compared with May and increased by 2.3% compared with June 2025. Goods were 1% and services 4.2% more expensive than in June last year.