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HICP flash estimate: prices down by 0.5% in November

Date 02.12.2025
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  3. HICP flash estimate: prices down by 0.5% in November
The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised index of consumer prices also takes into account the expenditures of tourists and is comparable to the international HICP. “According to initial estimates, the decline in the HICP in November was influenced by cheaper holiday trips, airline tickets, and hotel accommodation,” stated Lauri Veski, team lead of consumer price statistics at Statistics Estonia. The consumer price index data for November will be published by Statistics Estonia on Friday, 5 December . The

The consumer price index down by 1.1% in September compared with August

Date 07.10.2025
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  3. The consumer price index down by 1.1% in September compared with August
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the last time the consumer price index fell compared with the previous month was in March this year, when it was down by 0.5%. However, the last time we saw such a big drop as we are seeing now was nearly three years ago, in October 2022. “Compared with September last year, the rise in the consumer price index was primarily driven by food prices, which were up by 7.7%,” Veski noted, commenting on the year-on-year increase in the index. Among food products, the most significant year-on-year price increases were

Construction volume in the third quarter up on the domestic market, down abroad

Date 26.11.2025
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  3. Construction volume in the third quarter up on the domestic market, down abroad
In the third quarter, the total production value of Estonian construction enterprises was €1.1 billion, including €684 million worth of building construction and €455 million worth of civil engineering. Compared with the third quarter of last year, the volume of building construction was down by 1.9%, whereas the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) was up by 1.6%. Merike Sinisaar, leading analyst at Statistics Estonia, pointed out that after the growth in the first quarter, construction volumes

Number of unemployed persons down in third quarter

Date 14.11.2025
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  3. Number of unemployed persons down in third quarter
“In the third quarter, overall labour market indicators improved compared with both the third quarter of last year and the second quarter of this year,” stated Tea Vassiljeva, analyst at Statistics Estonia. She added that there were a total of 54,200 unemployed persons in the third quarter, which is 5,000 fewer than in the second quarter and 2,100 fewer than in the third quarter of last year. The unemployment rate (7.1%), i.e. the share of the unemployed in the labour force, was 0.3 percentage points lower in the third quarter than in the same quarter last year (7.4%) and 0.7 percentage points

In September, the number of accommodated tourists grew by 4% year on year

Date 11.11.2025
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  3. In September, the number of accommodated tourists grew by 4% year on year
157,000 foreign and 131,000 domestic tourists were accommodated in Estonia in September. Among all accommodated tourists, foreign tourists held a slightly higher share (55%) than domestic tourists. Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of foreign tourists has shown growth in most months this year. “Compared with September 2024, there were 3% more foreign tourists accommodated in Estonia in September this year. However, their number remained smaller than before the pandemic,” explained Laurmaa. “After three months of year-on-year decline, the number of

In October, the monthly change of the consumer price index was influenced the most by a seasonal decrease in the prices of vegetables and fruit

Date 07.11.2016
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  3. In October, the monthly change of the consumer price index was influenced the most by a seasonal decrease in the prices of vegetables and fruit
According to Statistics Estonia, the change of the consumer price index in October 2016 was -0.3% compared to September 2016 and 0.6% compared to October of the previous year.

Industrial production grew by 3.4% in November

Date 06.01.2026
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  3. Industrial production grew by 3.4% in November
Helle Bunder, leading analyst at Statistics Estonia, said that manufacturing output showed growth again in November after two months of decline. “It was driven by the manufacture of motor vehicles, trailers and semi-trailers, where output increased by more than half mainly due to the defence industry. There was also a significant rise in the manufacture of other transport equipment, which includes the output of the manufacture of recreational craft,” noted Bunder. In November, the volume of industrial production increased in more than half of manufacturing activities. Looking at the larger

The rise in retail trade volume accelerated in April

Date 29.05.2025
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  3. The rise in retail trade volume accelerated in April
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the volume of turnover, which in March had grown by 2% year on year, showed slightly faster growth in April. “The increase in retail trade volume in April was driven by enterprises engaged in the retail sale of automotive fuel and by stores selling manufactured goods – compared with April last year, their turnover volume was up by 18% and 7%, respectively,” explained Pihlak. Among stores selling manufactured goods, the biggest increase at 34% was registered in the turnover volume of other specialised stores selling predominantly

In August, industrial production grew by 1%

Date 06.10.2025
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  3. In August, industrial production grew by 1%
Helle Bunder, leading analyst at Statistics Estonia, said that production volumes in manufacturing have shown a year-on-year increase each month this year. “There is an upward trend, but the growth has remained slow so far. On a positive note, output in the electronics industry has grown for three months in a row, and in August there was also an increase in the output of the manufacture of wood, which holds the biggest share among economic activities,” noted Bunder. In August, the volume of industrial production was up in two thirds of the manufacturing activities. Looking at the larger

Construction price index up by 1.7% compared with the third quarter of last year

Date 21.10.2025
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  3. Construction price index up by 1.7% compared with the third quarter of last year
“In the third quarter, the 2% higher cost of materials had the biggest impact on the construction price index compared with the third quarter of last year. The costs of labour force and building machines both rose by 1.2%,” said Ülo Paulus, leading analyst at Statistics Estonia. Compared with the second quarter of 2025, labour costs increased by 0.4% and materials were 0.3% more expensive, while the cost of using building machines decreased by 0.6%. “Prices associated with building machines were mainly driven down by savings from adjusted fuel prices. The higher cost of materials was primarily

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