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In Estonia, the general government sector comprises three sub-sectors: central government, local governments, and social security funds. The central government sub-sector includes state budget units, foundations, and legal entities governed by public law. The local government sub-sector includes city and rural municipality governments with their subsidiary units, and foundations. Pauline Kommer, team lead of government finance statistics at Statistics Estonia, said that both the central government and local governments ended 2024 in deficit. “The deficit was 553.9 million euros for the central

Märt Umbleja, leading analyst at Statistics Estonia, said that the rise in the dwelling price index in 2024, calculated as the average of four quarters, was 6.1%. “Last year, the prices of apartments went up by 6.1% and the prices of houses by 6.2%,” added Umbleja. In the fourth quarter of last year, the dwelling price index increased by 3.6% compared with the same quarter of 2023. The prices of apartments rose by 2.1% and the prices of houses by 7.5%. “Quarter on quarter, the index continued the downtrend for the second quarter in a row. Compared with the third quarter of 2024, the prices of

Märt Umbleja, leading analyst at Statistics Estonia, pointed out that the last time the dwelling price index fell compared with the previous quarter was in the third quarter of 2023. “Compared with the second quarter of 2024, the prices of apartments decreased by 1% in areas bordering Tallinn and in Tartu and Pärnu cities, and by 7.7% in the rest of Estonia. In Tallinn, apartment prices continued to rise, increasing by 0.9% from the previous quarter,” Umbleja noted. Compared with the third quarter of 2023, apartment prices went up by 5.8% and the prices of houses by 8.1%. The monetary volume

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

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the exchange prices of electricity had the biggest influence on the harmonised index of consumer prices compared with the previous month as well as with February last year. “Compared with February 2024, prices have increased across almost all categories of goods and services. Clothing and footwear are the only exception, as their prices were down by 1.6% year on year,” said Veski. The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised