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The consumer price index rose by 6.1% year on year

Kuupäev 05.09.2025
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  3. The consumer price index rose by 6.1% year on year
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index for the summer months exceeded the 5% mark every month compared with the previous year, reaching 6.1% in August. According to Veski, the last time the year-on-year change in the consumer price index was higher was in July 2023, when it stood at 6.4%. “Compared with August last year, the rise in the consumer price index was primarily driven by food prices, which were up by 9.2%. Coffee, chocolate, and fruits and berries saw the highest price increases,” Veski noted. Compared with July

HICP flash estimate: prices up by 1.3% in February

Kuupäev 03.03.2025
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  3. HICP flash estimate: prices up by 1.3% in February
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the exchange prices of electricity had the biggest influence on the harmonised index of consumer prices compared with the previous month as well as with February last year. “Compared with February 2024, prices have increased across almost all categories of goods and services. Clothing and footwear are the only exception, as their prices were down by 1.6% year on year,” said Veski. The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised

In June, the consumer price index rose by 0.9% compared with May

Kuupäev 07.07.2025
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  3. In June, the consumer price index rose by 0.9% compared with May
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in June was up by 0.9% compared with May and by 5% year on year. “Compared with June 2024, the index was affected the most by the 8.4% higher prices of food products. In transport, prices increased by 7.5%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from May, including an increased appointment fee for specialist medical care, which also affected the index year on year (10.1%). A

In July, the consumer price index rose by 0.6% compared with June

Kuupäev 07.08.2025
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  3. In July, the consumer price index rose by 0.6% compared with June
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in July was up by 0.6% compared with June and by 5.4% year on year. “The last time the year-on-year change in the index was this high was in July 2023, when it stood at 6.4%. Compared with July 2024, the index was affected the most by the 9.1% higher prices of food products. The year-on-year increase in healthcare costs (10.5%) is mainly due to the price lists of healthcare services, which were updated in April,” Veski said, adding that a year-on-year fall was registered in the prices

Dwelling price index up by 3% in the first quarter

Kuupäev 19.06.2025
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  3. Dwelling price index up by 3% in the first quarter
In the first quarter, the prices of apartments rose by 2.7% and the prices of houses by 8.9% compared with the same quarter last year. Märt Umbleja, leading analyst at Statistics Estonia, said that, compared with the previous quarter, apartment prices went up by 1.8% and the prices of houses by 5.4% in the first quarter of 2025. “Compared with the fourth quarter of 2024, square metres prices remained at the same level only for apartments in Tallinn city. Prices increased for apartments in areas bordering Tallinn and in Tartu and Pärnu cities, and in the rest of Estonia – apartment prices in

Retail trade volume fell by 4% in March

Kuupäev 30.04.2024
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  3. Retail trade volume fell by 4% in March
According to Statistics Estonia, in March 2024, the turnover of retail trade enterprises was 851 million euros. Compared with March 2023, the volume of retail trade turnover* fell by 4%.

The economy contracted by 0.7% in Q3

Kuupäev 29.11.2024
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  3. The economy contracted by 0.7% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The

Decline in retail trade volume in April was most affected by grocery stores

Kuupäev 30.05.2024
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  3. Decline in retail trade volume in April was most affected by grocery stores
According to Statistics Estonia, in April 2024, the turnover of retail trade enterprises was €842 million. Compared with April 2023, the volume of retail trade turnover fell by 3%.

In May, electrical equipment was the most exported commodity, while agricultural products and food preparations were the top commodities in imports

Kuupäev 10.07.2025
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  3. In May, electrical equipment was the most exported commodity, while agricultural products and food preparations were the top commodities in imports
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that, in May, the changes in intra-EU trade were marginal – exports were up by 3% and imports down by 1%. “In extra-EU trade, exports of goods decreased by 2% while imports increased by 54% compared with May last year. The latter was influenced by a large-scale transaction in the defence sector,” noted Leppmets. In May, exports to Singapore grew the most and exports to Russia fell the most The main commodities exported in May were electrical equipment (15% of Estonia’s total exports), agricultural products and food preparations

The dwelling price index rose by 6.1% in 2024

Kuupäev 21.03.2025
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  3. The dwelling price index rose by 6.1% in 2024
Märt Umbleja, leading analyst at Statistics Estonia, said that the rise in the dwelling price index in 2024, calculated as the average of four quarters, was 6.1%. “Last year, the prices of apartments went up by 6.1% and the prices of houses by 6.2%,” added Umbleja. In the fourth quarter of last year, the dwelling price index increased by 3.6% compared with the same quarter of 2023. The prices of apartments rose by 2.1% and the prices of houses by 7.5%. “Quarter on quarter, the index continued the downtrend for the second quarter in a row. Compared with the third quarter of 2024, the prices of

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