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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

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%.

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 September, the prices of juices and syrups increased the most among food products

Kuupäev 07.10.2024
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  3. In September, the prices of juices and syrups increased the most among food products
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with September 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, motor fuel and oils, and miscellaneous goods and services. “Among food products, the biggest increases compared with September last year occurred in the prices of juices and syrups, which rose by 57.1%, and the prices of olive oil, which increased by 56.3%. On the other hand, the prices of sugar decreased by 20.1%,” noted Veski. In September, petrol was 11.9% and diesel

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

Retail trade turnover has been falling for 18 months

Kuupäev 28.03.2024
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  3. Retail trade turnover has been falling for 18 months
According to Statistics Estonia, in February 2024, the turnover of retail trade enterprises was 739 million euros. Compared with February 2023, turnover fell by 3% at constant 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

The consumer price index continued to rise in August

Kuupäev 06.09.2024
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  3. The consumer price index continued to rise in August
According to Statistics Estonia, in August, the consumer price index increased by 0.4% compared with July and by 3.2% compared with August 2023. Goods were 1.4% and services 6.3% more expensive than in August last year.

Retail trade turnover fell again in January

Kuupäev 04.03.2024
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  3. Retail trade turnover fell again in January
According to Statistics Estonia, in January 2024, the turnover of retail trade enterprises was 766 million euros. Compared with January 2023, turnover fell by 7% at constant prices.

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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