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Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia, said that the last time that the year-on-year increase in the consumer price index was at a similar level was a year ago, in January 2025, when the consumer price index rose by 3.9%. “The rise in the consumer price index for January 2026 compared with December was primarily influenced by electricity, food and alcoholic beverages. The exchange prices of electricity soared in January, so that the electricity price index was up by 22.2% compared with December. Food prices were up by 2.3% in January, with 11.1% more

In the case of electricity, housing and rent, the monthly and annual changes were mixed up in the news release. The data published in the table were correct. The corrections are marked in red.Corrections are marked in red. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, month on month, the overall rise in prices has been slowed down mainly by food products as their prices have fallen for two months in a row. In October, food products were 1.2% cheaper than in September. The biggest impact came from the fall in the prices of bread and bakery products (4.8%)

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. “Based on the preliminary estimate, the HICP was affected by the rising prices of food products and also by the higher prices of holiday trips and accommodation, although the latter is likely to be a temporary trend. Lower housing costs and decreased prices of clothing and footwear had the opposite effect on the index,” said Lauri Veski, team lead of consumer price

According to Statistics Estonia, in the fourth quarter of 2023, the gross domestic product (GDP) decreased by 2.7% compared with the same period of 2022. The GDP at current prices was 9.9 billion euros in the fourth quarter. In 2023 as a whole, Estonia’s GDP decreased by 3% and amounted to 37.7 billion euros at current prices.

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, team lead of consumer price statistics at Statistics Estonia, said that preliminary data from the harmonised index of consumer prices indicate that prices have risen across almost all categories of goods and services compared with March 2024. “Clothing and footwear are again the only exception, as their prices were down by 3.6%,” noted Veski. 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. The consumer

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 April was most affected by increases in the prices of healthcare services and food as well as by lower housing costs,” said Lauri Veski, team lead of consumer price statistics at Statistics Estonia. The consumer price index data for April will be published by Statistics Estonia on 8 May . Data

In the second quarter of 2022, Estonian residents travelled much more than in the second quarter of last year: the number of domestic trips grew by 45% and the number of outbound trips by 319%, that is, over three times.