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HICP flash estimate: prices up by 0.5% in July
According to the preliminary estimate of Statistics Estonia, in July, the harmonised index of consumer prices, which takes into account the expenditures of tourists, rose by 0.5% compared with June. Compared with July 2025, the index rose by 2%. This is a flash estimate which will be refined once more detailed data on July prices are received.
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GDP flash estimate: the economy grew by 2.1% in Q2
According to the preliminary estimate of Statistics Estonia, in the second quarter of 2026, the gross domestic product (GDP) increased by 2.1% compared with the same period of 2025.
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Estonians’ assessment of the economy has improved, while confidence in the construction and trade sectors somewhat declined
Today, on 28 July, Statistics Estonia published the July data of the business and consumer surveys that measure the economic confidence of enterprises and consumers. The results show that the confidence of construction and trade enterprises has declined slightly, while assessments in other sectors and among consumers improved.
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In May, there were 5% more accommodated tourists than the year before
According to Statistics Estonia, accommodation establishments served nearly 320,300 tourists in May 2026, which is 5% more than in May last year. Year on year, there were 9% more foreign tourists, and the number of domestic tourists remained at the same level.
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In June, the consumer price index rose by 0.9% compared with May
According to Statistics Estonia, in June, the consumer price index increased by 0.9% compared with May and by 5% compared with June 2024. Goods were 2.8% and services 8.4% more expensive than in June last year.
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Higher prices of manufacture of wood and wood products had the biggest impact on the producer price index in May
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 0.2% in May 2025 compared with April and by 0.5% compared with May last year.
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Dwelling price index up by 3% in the first quarter
According to Statistics Estonia, in the first quarter of 2025, the dwelling price index increased by 3% compared with the previous quarter and by 4.6% compared with the first quarter of 2024.
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In May, the consumer price index rose by 0.1% compared with April
According to Statistics Estonia, in May, the consumer price index increased by 0.1% compared with April and by 4.5% compared with May 2024. Goods were 1.9% and services 8.8% more expensive than in May last year.
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HICP flash estimate: prices up by 0.1% in May
According to the preliminary estimate of Statistics Estonia, in May 2025, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists in Estonia, increased by 0.1% compared with April. Compared with May last year, the index rose by 4.6%.
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Producer price index of industrial output rose by 1.4% in April year on year
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, decreased by 1.0% in April 2025 compared with March and increased by 1.4% compared with April last year.
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The consumer price index rose by 1% in April
According to Statistics Estonia, in April, the consumer price index increased by 1% compared with March and by 4.5% compared with April 2024. Goods were 2% and services 8.6% more expensive than in April last year.
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HICP flash estimate: prices up by 1.2% in April
According to the preliminary estimate of Statistics Estonia, in April 2025, the harmonised index of consumer prices (HICP) increased by 1.2% compared with March and by 4.4% compared with April last year.
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The rise in construction prices in the first quarter was curbed by the lower cost of materials
According to Statistics Estonia, in the first quarter of 2025, the construction price index increased by 0.1% compared with the fourth quarter of 2024 and by 1.2% compared with the first quarter of 2024.
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Higher prices of wood products had the biggest impact on the producer price index in March
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, fell by 3.5% in March 2025 compared with February and rose by 2.8% compared with March last year.
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Consumer price index down by 0.5% in March
According to Statistics Estonia, in March 2025, the consumer price index decreased by 0.5% compared with February and increased by 4.4% compared with March 2024. Goods were 2.1% and services 8.1% more expensive than in March last year.
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HICP flash estimate: prices down by 0.3% in March
According to the preliminary estimate of Statistics Estonia, in March 2025, the harmonised index of consumer prices (HICP) decreased by 0.3% compared with February and increased by 4.3% compared with March last year.