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HICP flash estimate: prices down by 0.5% in November

A new business analytics tool on the eesti.ee portal is now freely available to all entrepreneurs

HICP flash estimate: prices in October did not rise compared with September

GDP flash estimate: economy grew by 0.9% in Q3

HICP flash estimate: prices down by 1.2% in September

According to the preliminary estimate of Statistics Estonia, in September 2025, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, decreased by 1.2% compared with August. Compared with September last year, the HICP rose by 5.2%. The HICP is a flash estimate, which will be revised based on the September price data.

Construction prices rose by 1.5% last year

According to Statistics Estonia, the construction price index, which expresses the change in construction expenditures, increased by 1.5% in 2025 compared with the average of 2024. The rising cost of materials was the main reason for the increase in the construction price index.

There were 7% more foreign tourists accommodated in November

According to Statistics Estonia, accommodation establishments served 254,989 tourists in November 2025, which is 3% more than in the same month a year earlier. There were 7% more foreign tourists, but the number of domestic tourists did not increase.

The volume of retail trade turnover in November was unchanged year on year

According to Statistics Estonia, in November 2025, the turnover of retail trade enterprises was 907 million euros. Compared with November 2024, the volume of retail trade turnover remained at the same level.

Revised data: average wages and salaries were €2126 in the second quarter

At-risk-of-poverty rate down, absolute poverty rate up in Estonia

Average wages and salaries were €2,075 in the third quarter

The profit of the business sector decreased in the 1st quarter

According to Statistics Estonia, in the 1st quarter of 2018, the total profit of the business sector was 584 million euros, which is 5% less than in the same period the year before.

In April, the turnover of retail trade enterprises increased

According to Statistics Estonia, in April 2018, compared to April of the previous year, the turnover of retail trade enterprises increased by 1% at constant prices. In April, the turnover of retail trade enterprises was 560.4 million euros.

In the 1st quarter, the average wages and salaries were 1,242 euros

According to Statistics Estonia, in the 1st quarter of 2018, the average monthly gross wages and salaries were 1,242 euros, having increased by 7.7% compared to the 1st quarter of 2017. The year-on-year growth in average monthly gross wages and salaries was 0.2 percentage points higher than in the previous quarter.

Construction volume increased in the 1st quarter

According to Statistics Estonia, in the 1st quarter of 2018 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries increased 21%. Taking into account only Estonian construction market, construction volume increased 29%.

Number of economic units up last year

In 2017, there were approximately 158,000 economically active units. 3,000 units were added, which is as many as in 2016. Considering legal form, the picture looks different – growth in the number of companies picked up and the number of non-profit associations decreased for the first time.

Last year, a record amount of aquaculture production was sold

According to Statistics Estonia, in 2017, aquaculture enterprises sold 870 tonnes of commercial fish and crayfish, with a total value of 3.7 million euros. The volume of aquaculture production sold in 2017 was highest of the last five years.

The industrial producer price index decreased in April

According to Statistics Estonia, in April 2018, the producer price index of industrial output changed by -0.5% compared to March and by 2.1% compared to April 2017.

The number of museum visits set a new record last year

Museums continue to be popular in Estonia. According to Statistics Estonia, in 2017, for the first time, there were more than 3.5 million museum visits.

Activity in the labour market continued to increase

According to Statistics Estonia, in the 1st quarter of 2018, the unemployment rate was 6.8%, the employment rate 66.6% and the labour force participation rate 71.4%. Compared to the 1st quarter of 2017, economic activity of the population increased mainly due to an increase in unemployment but somewhat also due to an increase in employment.

The gender pay gap remained at the level of previous year

According to Statistics Estonia, in October 2017, the average gross hourly earnings of female employees were 20.9% lower than the average gross hourly earnings of male employees. After three years of decrease, the gender pay gap remained at the same level as in the previous year.

Average monthly gross income per employee increased last year

According to Statistics Estonia, in 2017, the average monthly gross income per employee was 1,155 euros. The gross income increased 7.6% compared to 2016; growth was the fastest (8.6%) in the age group of young people (aged under 25).

In March, exports decreased year on year

According to Statistics Estonia, in March 2018, the exports of goods decreased by 3% and imports increased by 4% compared to March 2017. In the first quarter of the current year, exports increased by 6% and imports by 2%, compared to the same period of 2017.

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