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Statistics Estonia uses a new methodology to calculate the consumer price index

Date 26.02.2026
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  3. Statistics Estonia uses a new methodology to calculate the consumer price index
“People’s consumption habits change, technology evolves, and more and more data become available. Statistics Estonia must keep up with these developments, and we must continuously update our methodologies,” explained Urmet Lee, the Director General of Statistics Estonia. The methodological changes introduced in January concern food products and electricity. “Good cooperation with electricity providers and retail chains now allows us to calculate the consumer price index in Estonia more accurately than ever before. It means that a quarter of the data for the consumer basket are now obtained

Producer price index of industrial output fell by 1,5% in June

Date 21.07.2025
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  3. Producer price index of industrial output fell by 1,5% in June
Germo Valgenberg, leading analyst in the producer price statistics team at Statistics Estonia, said that, compared with June 2024, the producer price index was most affected by price decreases in electricity production and in the manufacture of fuel oils. “Higher prices in the manufacture of wood and wood products and food products had the opposite effect on the index. Producer prices increased by 1.3% in manufacturing as a whole, and the rise in the manufacture of food products continued, increasing by 5.7% year on year,” Valgenberg added. Compared with May, the producer price index in June

HICP flash estimate: prices up by 0.1% in May

Date 03.06.2025
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  3. HICP flash estimate: prices up by 0.1% in May
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 tourists and is comparable to the international HICP. “According to initial estimates, the harmonised index of consumer prices in May was most affected by increases in the prices of food and non-alcoholic beverages,” said Lauri Veski, team lead of consumer price statistics at Statistics Estonia. The consumer price index data for May will be published by Statistics Estonia on 6 June . Data on the harmonised index of

The consumer price index was up by 3.1% in February year on year

Date 06.03.2026
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  3. The consumer price index was up by 3.1% in February year on year
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

Dwelling price index up by stat 3.4% in the first quarter (corrected on 19.06.2026)

Date 19.06.2026
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  3. Dwelling price index up by stat 3.4% in the first quarter (corrected on 19.06.2026)
Today’s news release on the dwelling price index used the wrong data as the reference prices by mistake, which was due to problems in the analysis software. The data have now been corrected. We apologise! The revised data are shown in red, and the graph has been updated to show the correct data for the most recent quarter. Lii Kruusla, analyst at Statistics Estonia, said that, in the first quarter of 2026, apartment prices went up by 1.6 % and the prices of houses by 7.1 % compared with the previous quarter. “When compared with the fourth quarter of last year, the biggest rise occurred in the

Producer price index of industrial output rose by 0.5% September

Date 20.10.2025
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  3. Producer price index of industrial output rose by 0.5% September
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, pointed out that although the producer price index has been falling year on year for the previous three months, a slight increase can be seen again in September. “Compared with September 2024, the index was most affected by price increases in the manufacture of wood and wood products, food products, and peat products. Falling prices in the manufacture of fuel oils, paper, and fabricated metal products had the opposite effect on the index,” Šokman added. Year on year, producer prices rose by 0.6% in manufacturing as a

Producer price index of industrial output up by 0.6% in October

Date 20.11.2025
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  3. Producer price index of industrial output up by 0.6% in October
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, year on year, the producer price index rose for the second month in a row. “The rise has been of roughly the same magnitude, standing at 0.5% in September and 0.6% in October,” noted Šokman. Compared with October last year, the index was most affected by price increases in the manufacture of wood and wood products, food, and fabricated metal products. Falling prices in the manufacture of fuel oils, paper and paper products, and electronic equipment had the opposite effect on the index. Year on year, producer

Producer price index down for the third month in a row

Date 22.09.2025
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  3. Producer price index down for the third month in a row
Jelena Jurkova, analyst in the producer price statistics team at Statistics Estonia, said that, year on year, the producer price index of industrial output fell for the third consecutive month. “Compared with August 2024, the index was most affected by price decreases in electricity production and in the manufacture of fuel oils. Higher prices in the manufacture of wood and wood products and in the manufacture of food products had the opposite effect on the index,” Jurkova noted. Producer prices decreased by 0.1% in manufacturing as a whole, whereas the rise in the manufacture of food products

Construction prices rose by 1.6% in 2024

Date 21.01.2025
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  3. Construction prices rose by 1.6% in 2024
Ülo Paulus, leading analyst at Statistics Estonia, said that the increase in the construction price index in 2024, compared with the average of 2023, was primarily due to wage growth, which accounted for 65% of the total index rise. “In 2024, the construction price index rose by 1.6%. Labour force was 6.3% more expensive and the cost of using building machines went up by 1.7%, while the cost of building materials decreased by 1.1%,” noted Paulus. In the fourth quarter of 2024, the construction price index increased by 0.4% compared with the third quarter. The cost of building materials rose by

In November, the consumer price index was up by 4.9% year on year

Date 05.12.2025
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  3. In November, the consumer price index was up by 4.9% year on year
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that food prices are the main driver of overall inflation, as food products have the biggest weight in the consumer price index. “The prices of food products decreased in September and October but started to increase again in November,” added Veski. Compared with October, food products were 1% more expensive in November. The biggest impact came from the rise in the prices of vegetables (1.9%), cheese (3.3%), fresh or frozen fish (7.7%) and bread and bakery products (2.7%). Decreases in the prices of fresh fruits

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