Prices
The prices of goods and services concern and affect many people. People pay attention to what is cheaper and how the prices change over time. When looking for a home, they enquire where, at what price and when it is most advantageous to buy or rent a dwelling. The builders, however, are interested in construction prices. All this information helps to make small and large decisions in everyday life.
Statistics Estonia publishes 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 and the dwelling price index. Information is also available on the agricultural output price index and the agricultural input price index.
Price indices provide information on price changes and can be used to monitor the development of the Estonian economy. Most of the indices are calculated on the basis of an internationally recognised methodology, which makes it possible to compare developments with 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.
HICP flash estimate: prices up by 1.1% in June
According to the preliminary estimate of Statistics Estonia, in June 2025, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists in Estonia, increased by 1.1% compared with May. Compared with June last year, the HICP rose by 5.2%.
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.
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.