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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

In the 3rd quarter, the number of job vacancies increased

According to Statistics Estonia, in the 3rd quarter of 2017, there were approximately 12,700 job vacancies in the enterprises, institutions and organisations of Estonia. This is the highest number of job vacancies in recent years.

In October, the number of tourists in accommodation establishments increased

According to Statistics Estonia, 271,100 domestic and foreign tourists stayed in the accommodation establishments of Estonia in October 2017, which is 1% more than in October 2016.

In October, turnover growth of retail trade enterprises continued

According to Statistics Estonia, in October 2017, compared to October of the previous year, the turnover of retail trade enterprises increased 2% at constant prices.

Expenditure on research and development decreased last year

According to Statistics Estonia, in 2016, the expenditure on research and development (R&D) in Estonia amounted to 270.3 million euros, which is 11% less than in 2015.

The economy continued to grow in the 3rd quarter

According to Statistics Estonia, the gross domestic product (GDP) of Estonia increased 4.2% in the 3rd quarter of 2017 compared to the 3rd quarter of the previous year.

In October, the volume of industrial production was greater than a year ago

According to Statistics Estonia, in October 2017, the production of industrial enterprises increased 6% compared to October 2016. Production increased in mining and quarrying but decreased in the energy sector.

In the 3rd quarter, year-over-year growth in average wages and salaries continued to accelerate

According to Statistics Estonia, in the 3rd quarter of 2017, the average monthly gross wages and salaries were 1,201 euros, having increased 7.4% compared to the 3rd quarter of 2016. The year-over-year growth in wages and salaries accelerated for the second consecutive quarter.

The profit of the business sector decreased in the 3rd quarter

According to Statistics Estonia, in the 3rd quarter of 2017, the total profit of the business sector was 787 million euros, which is 8% less than in the same period the year before.

Construction volume increased in the 3rd quarter

According to Statistics Estonia, in the 3rd quarter of 2017 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries increased 20%. Taking into account only Estonian construction market, construction volume increased 27%.

Population of counties after administrative reform

Statistics Estonia recalculated the population of counties in 2017 according to the administrative division in place after this year’s local government elections.

The industrial producer price index increased in October

According to Statistics Estonia, in October 2017, the producer price index of industrial output changed by 0.4% compared to September and by 3.7% compared to October 2016.

Employment rate at highest for 20 years

According to Statistics Estonia, in the 3rd quarter of 2017, the employment rate was 68.3%, the unemployment rate 5.2% and the labour force participation rate 72%. Compared to the 3rd quarter of 2016, the unemployment rate fell and the employment rate reached its highest level for 20 years.

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