Finance

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.

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%.

According to Statistics Estonia, in the first quarter of 2025, the gross domestic product (GDP) decreased by 0.3% compared with the same period of 2024. The GDP at current prices amounted to 9.3 billion euros in the first quarter.