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HICP flash estimate: prices down by 0.5% in November

A new business analytics tool on the eesti.ee portal is now freely available to all entrepreneurs

HICP flash estimate: prices in October did not rise compared with September

GDP flash estimate: economy grew by 0.9% in Q3

HICP flash estimate: prices down by 1.2% in September

According to the preliminary estimate of Statistics Estonia, in September 2025, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, decreased by 1.2% compared with August. Compared with September last year, the HICP rose by 5.2%. The HICP is a flash estimate, which will be revised based on the September price data.

Construction prices rose by 1.5% last year

According to Statistics Estonia, the construction price index, which expresses the change in construction expenditures, increased by 1.5% in 2025 compared with the average of 2024. The rising cost of materials was the main reason for the increase in the construction price index.

There were 7% more foreign tourists accommodated in November

According to Statistics Estonia, accommodation establishments served 254,989 tourists in November 2025, which is 3% more than in the same month a year earlier. There were 7% more foreign tourists, but the number of domestic tourists did not increase.

The volume of retail trade turnover in November was unchanged year on year

According to Statistics Estonia, in November 2025, the turnover of retail trade enterprises was 907 million euros. Compared with November 2024, the volume of retail trade turnover remained at the same level.

Revised data: average wages and salaries were €2126 in the second quarter

At-risk-of-poverty rate down, absolute poverty rate up in Estonia

Average wages and salaries were €2,075 in the third quarter

Indicators of Gender Equality

Construction volumes decreased in the 3rd quarter

According to Statistics Estonia, in the 3rd quarter of 2015 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries decreased 5%. If only the Estonian construction market is taken into account, the construction volumes decreased 10%.

Regional Development in Estonia 2015

In the 3rd quarter, the average monthly gross wages and salaries increased almost 7% year over year

According to Statistics Estonia, in the 3rd quarter of 2015, the average monthly gross wages and salaries were 1,045 euros. Compared to the 3rd quarter of 2014, the average monthly gross wages and salaries increased by 6.9%, and compared to the 2nd quarter of 2015, the average monthly gross wages and salaries decreased by 3.4%.

In October, the producer price index of industrial output continued to decrease

According to Statistics Estonia, in October 2015, the producer price index of industrial output changed by -0.3% compared to September 2015 and by -2.2% compared to October 2014.

Approximately three quarters of employees consider a good relationship with employer to be very important

According to Statistics Estonia, 85% of employees are very or rather satisfied with their job. In the last 12 months, every fifth employee has had conflicts interfering with the relations and work of enterprise and employees.

In the 3rd quarter the employment rate was the highest in 15 years

According to Statistics Estonia, the unemployment rate in was 5.2% and the employment rate was 67.2% in the 3rd quarter of 2015. The employment and unemployment figures of the 3rd quarter resemble those of the economic boom.

The economy grew 0.5% in the 3rd quarter

According to the flash estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 0.5% in the 3rd quarter of 2015 compared to the same quarter of the previous year.

In September foreign trade continued to decrease

According to Statistics Estonia, in September 2015, exports of goods decreased by 10% and imports by 9% compared to September of the previous year. Summing up the first three quarters of 2015, exports decreased 3% and imports 5% compared to the same period a year ago.

In September, the number of tourists in accommodation establishments increased

According to Statistics Estonia, 235,300 tourists used the services of accommodation establishments in September 2015, which was 1% more than in September 2014. The number of both foreign and domestic tourists increased.

In October, the annual change of the consumer price index was influenced the most by motor fuel

According to Statistics Estonia, the change of the consumer price index in October 2015 was 0.1% compared to September 2015 and -0.6% compared to October of the previous year.

Stable growth in retail sales continued in September

According to Statistics Estonia, in September 2015 compared to September of the previous year, the retail sales of goods of retail trade enterprises increased 9% at constant prices. In the last four months, retail sales have been increasing steadily by 8–9% compared to the same month of the previous year.

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