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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.

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

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

Lauri Veski, manager of the consumer price statistics service team at Statistics Estonia, said that the biggest impact on the consumer price index in 2025 came from price increases related to food and non-alcoholic beverages. “The prices of food and non-alcoholic beverages rose by 6.9% last year,” said Veski. Among food products, the biggest rise occurred in the prices of chocolate (31.5%), coffee (31%), poultry (15.2%) and fresh fruits and berries (12.7%). On the other hand, there was a decrease in the prices of sugar (17.1%), potatoes (5.7%), fresh or chilled fish (3.9%) and processed fruit

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