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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.
Producer price index of industrial output down by 0.5% 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, fell by 1.1% in December 2025 compared with November and by 0.5% compared with December 2024. The index was affected the most by falling prices in the manufacture of fuel oils and in electricity and heat energy production.
The consumer price index rose by 4.8% last year
According to Statistics Estonia, in 2025, the consumer price index increased by 4.8% compared with the average of 2024. The price changes of food and non-alcoholic beverages had the biggest impact on the consumer price index in 2025.
The producer price index of industrial output was up for the third month in a row
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, increased by 0.2% in November 2025 compared with October and by 1.1% compared with November last year.
Dwelling price index down by 0.8% in the third quarter
According to Statistics Estonia, the dwelling price index fell by 0.8% in the third quarter of 2025 compared with the second quarter. In comparison with the third quarter of last year, however, the dwelling price index rose by 5.2%. There were more purchases of existing dwellings and fewer purchases of new developments.
In November, the consumer price index was up by 4.9% year on year
According to Statistics Estonia, in November, the consumer price index decreased by 0.2% compared with October and increased by 4.9% compared with November 2024. Goods were 2.9% and services 7.9% more expensive than in November last year.
Producer price index of industrial output up by 0.6% in October
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, increased by 0.3% in October 2025 compared with September and by 0.6% compared with October last year.
The consumer price index was up by 4.6% in October year on year (corrected at 10:20 on 7 November)
According to Statistics Estonia, in October, the consumer price index remained at the same level as in September and increased by 4.6% compared with October 2024. Goods were 2% and services 8.3% more expensive than in October last year.
Construction price index up by 1.7% compared with the third quarter of last year
According to Statistics Estonia, in the third quarter of 2025, the construction price index increased by 0.2% compared with the second quarter and by 1.7% compared with the third quarter of 2024. Year on year, the construction price index was affected the most by the rising prices of building materials.
Producer price index of industrial output rose by 0.5% September
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, increased by 0.5% in September 2025 compared with August and by 0.5% compared with September last year.
The consumer price index down by 1.1% in September compared with August
According to Statistics Estonia, in September, the consumer price index decreased by 1.1% compared with August and increased by 5.2% compared with September 2024. Goods were 2.8% and services 8.9% more expensive than in September last year.
The dwelling price index up by 5.5% year on year
According to Statistics Estonia, in the second quarter of 2025, the dwelling price index increased by 3.6% compared with the first quarter and by 5.5% compared with the second quarter of 2024.
Producer price index down for the third month in a row
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, increased by 1.6% in August 2025 compared with July and decreased by 1.6% compared with August last year.