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
According to the preliminary estimate of Statistics Estonia, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, remained unchanged in October 2025 compared with September. Compared with October last year, the HICP rose by 4.5%. This is a flash estimate, which will be refined once more detailed data on October prices are received.
GDP flash estimate: economy grew by 0.9% in Q3
According to Statistics Estonia's preliminary estimate, Estonia's economy grew slightly in the third quarter of 2025. Compared with the third quarter of 2024, the gross domestic product (GDP) increased by 0.9%.
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.
Volume of industrial production decreased by 4% in 2024
According to Statistics Estonia, in 2024, the total production of industrial enterprises decreased by 4% at constant prices compared with the year before. Among the three industrial sectors, output decreased by 4.4% in manufacturing, remained the same in electricity production and increased by 2.9% in mining.
Higher prices of wood products had the biggest impact on the producer price index in December
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, rose by 0.4% in December 2024 compared with November and by 1.1% compared with December 2023.
In November, the volume of industrial production was unchanged year on year
According to Statistics Estonia, in November 2024, the total production of industrial enterprises at constant prices was almost the same as in November 2023, falling by 0.1%. Among the three industrial sectors, output increased by 1.5% in manufacturing but decreased by 2.3% in mining and by 15.3% in electricity production.
In manufacturing, prices have risen for several months in a row
According to Statistics Estonia, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, fell by 0.4% in November 2024 compared with October and by 0.1% compared with November last year.
Manufacturing output up by 0.8% in October
According to Statistics Estonia, in October 2024, the total production of industrial enterprises at constant prices was the same as in October last year. Among the three industrial sectors, output increased by 0.8% in manufacturing but decreased by 2.8% in mining and by 7.4% in electricity production.
Output in mining up by 10.4%, industrial production down as a whole
According to Statistics Estonia, in September 2024, the total production of industrial enterprises decreased by 1.5% at constant prices compared with September last year. Among the three main sectors, output increased by 10.4% in mining and by 0.9% in electricity production but decreased by 2.1% in manufacturing.
Industrial production in August declined significantly in the manufacture of wood
According to Statistics Estonia, in August 2024, the total production of industrial enterprises decreased by 6% at constant prices compared with August 2023. Among the three industrial sectors, output increased by 1.9% in mining but decreased by 5.6% in electricity production and by 6.4% in manufacturing.