Price indices
The prices of goods and services concern and affect many people. Consumers pay attention to what is cheaper and how the prices in stores change over time. When looking for a new home, people consider where and when to buy or rent a dwelling and at what price. Builders are interested in construction prices. All this information helps to make small and major decisions in everyday life.
Statistics Estonia publishes the following price indices: the services producer price index, the producer price index of industrial output, the export and import price indices, the consumer price index, the construction price index, the dwelling price index, the agricultural output price index and the agricultural input price index.
Price indices provide information on price changes and are used to monitor economic trends in Estonia. Most of the indices are based on a common international methodology, which makes it possible to compare the developments in Estonia and in other countries. Price indices are widely used in various contracts to adjust fees. The consumer price index is also used to adjust pensions and wages.
Consumer price index up by 4.2% in October
According to Statistics Estonia, in October, the consumer price index increased by 0.6% compared with September and by 4.2% compared with October 2025. Goods were 5% and services 3.2% more expensive than in October last year.
Construction prices increased by 3.8% in the third quarter year on year
According to Statistics Estonia, in the third quarter of 2026, the construction price index increased by 3.8% compared with the third quarter of 2025 and by 1% compared with the second quarter of this year. Rising wages and the higher prices of building materials had the biggest impact on the index in the third quarter.
Dwelling prices in Latvia and Lithuania have risen faster than in Estonia
According to Eurostat, in the second quarter of 2026, the year-on-year increase in the house price index was nearly two times faster in Latvia and almost two and a half times faster in Lithuania, compared with the increase in residential property prices in Estonia.