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Consumer price index up by 2.2% in July year on year
Date 07.08.2026
Article
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
Construction price index unchanged in the third quarter compared with the previous quarter
Date 22.10.2024
Article
Ülo Paulus, leading analyst at Statistics Estonia, pointed out that in the third quarter of this year, compared with the same period in 2023, the construction price index was primarily influenced by a 6.4% increase in wages of workers. “On the other hand, the index was also affected by a 1% decrease in the price of building materials. Therefore, it can be said that the falling material prices curbed the rise in the construction price index for the moment,” Paulus explained. “The increase in the cost of using machinery was mainly driven by the rise in the rental costs of small machines, whereas
Consumer price index up by 2.3% in June year on year
Date 07.07.2026
Article
Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia, said that the 0.5% month-on-month decrease in the consumer price index is not unusual – there were several similar decreases last year, most recently in December. “However, the year-on-year increase in June was 2.3%, which is the smallest rate since April 2021. To an extent, this can be explained by the high index value in June 2025. But a more significant factor has been the decrease in prices in more than half of the commodity groups, including food and non-alcoholic beverages which has the biggest weight in
Article
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 overall price increase in October compared with September was slowed down mainly by food products, the prices of which fell for the second month in a row,” stated Lauri Veski, team lead of consumer price statistics at Statistics Estonia. The consumer price index data for October will be published by Statistics
HICP flash estimate: prices up by 0.6% in July
Date 01.08.2025
Article
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. “Compared with the previous month, we see price increases in all major sectors except for clothing and footwear and food service and accommodation. The price rises were influenced, among other things, by the increase in VAT in July and the excise duties on tobacco and petrol,” explained Lauri Veski, team lead of consumer price statistics at
Consumer price index up by 3.7% in May year on year
Date 05.06.2026
Article
Compared with May 2025, the rise in the consumer price index was influenced the most by the 10.4% increase in transport costs and the 5.4% higher housing-related costs. “Prices in transport were mainly driven up by petrol and diesel fuel prices which rose by 14.3% and 32.3%, respectively. The increase in housing costs was primarily due to 9.4% more expensive electricity and the 19.5% increase in the cost of natural gas. The index rise was slowed down by the prices of clothing and footwear which fell by 3.9% in May year on year,” said Mark Herman Ilumets, consumer price statistics analyst at
HICP flash estimate: prices up by 0.9% in August
Date 02.09.2025
Article
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. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that according to preliminary estimates, prices rose in all major sectors in August. “The only sector to see a decline in prices was food service and accommodation, driven by accommodation services,” Veski added. The consumer price index data for August will be
Consumer price index up by 3.4% in April year on year
Date 08.05.2026
Article
“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
Producer price index of industrial output, export and import price index, September 2024
Date 21.10.2024
Article
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with September 2023, the producer price index was most affected by price decreases in electricity and heat energy production and in the manufacture of fuel oils. “Rising prices in the manufacture of wood and wood products, repair of machinery and equipment, and manufacture of electronic equipment had the opposite effect on the index. Producer prices increased by 0.8% in manufacturing as a whole and decreased by 0.8% in the manufacture of food products,” Šokman noted. Compared with August 2024, the