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The consumer price index rose by 1% in April

Kuupäev 08.05.2025
Article
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with April last year, the more expensive healthcare services, food products and transport and housing had the biggest impact on the consumer price index. “In April, there were changes in the price lists of healthcare services, which affect the index both annually and monthly. Compared with April 2024, prices have increased across almost all categories of goods and services. Clothing and footwear are again the only exception, as their prices were down by 4.5%,” noted Veski. Compared with March, the

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The dwelling price index grew by 2% in the first quarter

Kuupäev 21.06.2024
Article
According to Statistics Estonia, in the first quarter of 2024, the dwelling price index increased by 2% compared with the fourth quarter of 2023 and by 7.8% compared with the first quarter of 2023.

According to revised data, economic growth is yet to be seen

Kuupäev 30.05.2025
Article
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant

Economy grew by 1.2% in Q4 of 2024

Kuupäev 03.03.2025
Article
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

The annual growth of the dwelling price index was the smallest of the last few years

Kuupäev 22.03.2024
Article
According to Statistics Estonia, in 2023, the dwelling price index increased by 5.9% compared with the average of 2022. The last time that the annual growth of the dwelling price index, which is calculated as the average of four quarters, was this low was in 2018.

In May, the consumer price index rose by 0.1% compared with April

Kuupäev 06.06.2025
Article
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in May was almost unchanged compared with April but rose by 4.5% year on year. “Compared with May 2024, the index was affected the most by the 7.1% higher prices of food products. In transport, prices increased by 6.2%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from April, including an increased appointment fee for specialist medical care, which also affected the index year on

Food prices increased in January, clothing prices decreased (corrected on 5.03.2025)

Kuupäev 07.02.2025
Article
The corrections are marked in red. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the rise in the consumer price index in January, both compared to December and the same month last year, was mainly due to food products, beverages, and motor vehicle tax. “On the other hand, the index was driven down by the sales on clothing in January and by international flights and holiday trips,” added Veski. Among food products, the biggest increases compared with December 2024 were registered in the prices of fish (31%), whole milk (12%) and fresh vegetables (7%)

The economy contracted by 1% in Q2

Kuupäev 30.08.2024
Article
According to Statistics Estonia, in the second quarter of 2024, the gross domestic product (GDP) decreased by 1% compared with the same period of 2023. The GDP at current prices amounted to €9.8 billion.