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In August, the confidence indicator was still the highest in trade (+15.7) where enterprises saw an improvement in their sales in the last three months and also expected increased sales in the next three months, along with an improved assessment of the volume of stock. At the same time, there was an increase in the share of enterprises who expected a fall in their number of employees in the next three months (-7 percentage points in July, -18.3 percentage points in August). The confidence indicator was +7.4 for the services sector and +3.6 for the industry sector. The construction sector again

Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia, explained that the year-on-year comparison again shows a relatively small rise in prices. “The last time the annual price increase was this small was in April 2021. Although the prices of housing, transport, and alcohol and tobacco have gone up over the year, the rise in the index is being held back by the cheaper prices of food and non-alcoholic beverages,” added Veski. Housing-related prices were affected mainly by the price list changes that took effect in July. Due to the waste reform, the price of waste

Tea Vassiljeva, leading analyst at Statistics Estonia, said that the decline in unemployment is a sign that the economy is improving. “However, there are no grounds for optimism yet, as there has been no rise in employment and the share of economically inactive people among the working-age population is substantial,” added Vassiljeva. In the second quarter, the number of employed persons was 691,600 – this is 5,700 fewer than a year earlier but 5,300 more than in the first quarter. The employment rate was 68.6%, which is slightly lower than last year and just 0.6 percentage points higher than

Krista Vaikmets, leading analyst at Statistics Estonia, said that there was a year-on-year increase in average monthly gross wages in all counties, but the extent of the wage growth varied regionally. “The increase in average gross wages was the biggest in Ida-Viru county (8%) and Hiiu county (7%) and somewhat more modest in Põlva, Jõgeva and Valga counties, where the rise in wages was around 4%,” said Vaikmets. At the county level, the average monthly gross wages and salaries were still the highest in Harju county (2,488 euros), followed by Tartu county (2,285 euros). In both of these

Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia, explained that inflation – i.e. the year-on-year increase in the consumer price index – has shown gradual decline in recent months. “With the exception of November 2025, inflation has been in decline since September last year,” he noted. The rise in the consumer price index in February year on year was primarily influenced by the increases in the prices of food products (5.5%), health products and services (12%), alcoholic beverages and tobacco (7.9%) and housing (1.5%). Electricity prices remained high in

Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia, said that the year-on-year increase in prices has been very small in the last three months – the last time that prices rose so little was in spring 2021. “Although housing and transport costs have increased compared with August last year, the index was driven down by the decrease in the prices of food and non-alcoholic beverages,” explained Veski. Housing costs were influenced by the rise in the prices of refuse collection (53.6%), wood fuel (10%) and electricity (3.7%) compared with August last year. Fuels were

According to Statistics Estonia, the change of the consumer price index was 0.6% in February 2013 compared to January and 3.7% compared to February of the previous year.

Krista Vaikmets, leading analyst at Statistics Estonia, said that wage growth was stable at 5 to 6%. “Year on year, wages have increased in all counties, with the greatest increase registered in Rapla and Järva counties where the rise in gross wages and salaries was about 7%. The increase in average monthly wages was the smallest in Viljandi and Tartu counties – about 5%,” said Vaikmets. In the first quarter, the average monthly gross wages and salaries were again the highest in Harju county (2,405 euros), rising by 6.3% year on year, and in Tartu county (2,129 euros), growing by 5.3% year on

“Due to the armed conflicts in the Middle East, the prices of diesel fuel and petrol continued to rise rapidly, which had a significant impact on the consumer price index for April,” said Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia. Compared with April 2025, the rise in the consumer price index was influenced the most by the 9.2% increase in transport costs and 3.7% higher housing-related costs. “Prices in transport were mainly driven up by the rise in diesel fuel and petrol prices – up by 39.1% and 10.3%, respectively. The increase in housing costs was due