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Article

GDP flash estimate: the economy grew by 1.3% in Q1

Date 30.04.2026
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  3. GDP flash estimate: the economy grew by 1.3% in Q1
“According to the GDP flash estimate, there are several indications of economic improvement in the first quarter, compared with both the first and the last quarter of 2025,” said Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia. Compared with the fourth quarter of 2025, the seasonally and working-day adjusted GDP grew by 0.6% according to the flash estimate. What is a flash estimate of GDP? The official data on GDP for the first quarter of 2026 will be published by Statistics Estonia on 29 May, but based on the information already available, it is possible to assess

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

Date 21.06.2024
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  3. The dwelling price index grew by 2% in the first quarter
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.

Slow growth of the dwelling price index continued in the second quarter

Date 22.09.2023
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  3. Slow growth of the dwelling price index continued in the second quarter
According to Statistics Estonia, in the second quarter of 2023, the dwelling price index increased by 5% compared with the second quarter of 2022 and by 3.8% compared with the first quarter of 2023.

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

Date 22.03.2024
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  3. The annual growth of the dwelling price index was the smallest of the last few years
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.

Dwelling price indices fell in the third quarter compared with the previous quarter

Date 22.12.2023
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  3. Dwelling price indices fell in the third quarter compared with the previous quarter
According to Statistics Estonia, in the third quarter of 2023, the dwelling price index decreased by 0.3% compared with the second quarter and increased by 3.8% compared with the third quarter of 2022.

In January, the consumer price index was up by 3.7% year on year

Date 16.02.2026
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  3. In January, the consumer price index was up by 3.7% year on year
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

HICP flash estimate: prices up by 0.5% in September

Date 02.10.2026
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  3. HICP flash estimate: prices up by 0.5% in September
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 September 2025, the index was primarily influenced by the continuing rise in petrol and diesel prices, which is due to the ongoing armed conflict in the Middle East,” said Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia. The consumer price index data for September will be published by Statistics

Construction prices increased by 3.8% in the third quarter year on year

Date 21.10.2026
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  3. Construction prices increased by 3.8% in the third quarter year on year
The construction price index expresses the change in construction expenditures taking into consideration the price changes of three basic inputs: labour force, building machines, and building materials. The calculation of the construction price index covers four groups of buildings: detached houses, blocks of flats, industrial buildings, and office buildings. The repair and reconstruction work price index covers office buildings. Ülo Paulus, leading analyst at Statistics Estonia, said that the 4.4% increase in material prices, which was due to imported raw materials, was the biggest

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

GDP flash estimate: economy grew by 1% in Q4

Date 30.01.2026
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  3. GDP flash estimate: economy grew by 1% in Q4
Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that the flash estimate indicates a slight improvement in the economy compared with the fourth quarter of 2024, while the trend was unchanged compared with the third quarter of 2025. “The seasonally and working-day adjusted GDP remained at the same level as in the third quarter,” added Müürsepp. What is the flash estimate of GDP? The official data on GDP for the fourth quarter of 2025 will be published on 2 March, but it is possible to assess the overall economic trend based on the information already available

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