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HICP flash estimate: prices up by 0.6% in July
Date 01.08.2025
Article
The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised index of consumer prices also takes into account the expenditures of tourists and is comparable to the international HICP. “Compared with the previous month, we see price increases in all major sectors except for clothing and footwear and food service and accommodation. The price rises were influenced, among other things, by the increase in VAT in July and the excise duties on tobacco and petrol,” explained Lauri Veski, team lead of consumer price statistics at
Article
“People’s consumption habits change, technology evolves, and more and more data become available. Statistics Estonia must keep up with these developments, and we must continuously update our methodologies,” explained Urmet Lee, the Director General of Statistics Estonia. The methodological changes introduced in January concern food products and electricity. “Good cooperation with electricity providers and retail chains now allows us to calculate the consumer price index in Estonia more accurately than ever before. It means that a quarter of the data for the consumer basket are now obtained
Producer price index of industrial output fell by 1,5% in June
Date 21.07.2025
Article
Germo Valgenberg, leading analyst in the producer price statistics team at Statistics Estonia, said that, compared with June 2024, the producer price index was most affected by price decreases in electricity production and in the manufacture of fuel oils. “Higher prices in the manufacture of wood and wood products and food products had the opposite effect on the index. Producer prices increased by 1.3% in manufacturing as a whole, and the rise in the manufacture of food products continued, increasing by 5.7% year on year,” Valgenberg added. Compared with May, the producer price index in June
The consumer price index rose by 4.8% last year
Date 08.01.2026
Article
Lauri Veski, manager of the consumer price statistics service team at Statistics Estonia, said that the biggest impact on the consumer price index in 2025 came from price increases related to food and non-alcoholic beverages. “The prices of food and non-alcoholic beverages rose by 6.9% last year,” said Veski. Among food products, the biggest rise occurred in the prices of chocolate (31.5%), coffee (31%), poultry (15.2%) and fresh fruits and berries (12.7%). On the other hand, there was a decrease in the prices of sugar (17.1%), potatoes (5.7%), fresh or chilled fish (3.9%) and processed fruit
Estonian residents travelled less last year
Date 27.03.2026
Article
Piret Pukk, leading analyst at Statistics Estonia, said that while Estonian residents have been travelling more in the post-pandemic years, they did less travelling in 2025. “Last year, the number of overnight domestic trips was still more than two times bigger than the number of outbound trips. Compared with 2024, the number of domestic trips decreased in each quarter. The number of outbound trips declined for three quarters and then started to rise again in the fourth quarter,” said Pukk, adding that this can be explained by the significant increase in charter flights, as shown by the data
The dwelling price index rose by 6.1% in 2024
Date 21.03.2025
Article
Märt Umbleja, leading analyst at Statistics Estonia, said that the rise in the dwelling price index in 2024, calculated as the average of four quarters, was 6.1%. “Last year, the prices of apartments went up by 6.1% and the prices of houses by 6.2%,” added Umbleja. In the fourth quarter of last year, the dwelling price index increased by 3.6% compared with the same quarter of 2023. The prices of apartments rose by 2.1% and the prices of houses by 7.5%. “Quarter on quarter, the index continued the downtrend for the second quarter in a row. Compared with the third quarter of 2024, the prices of
Article
Germo Valgenberg, leading analyst in the producer price statistics team at Statistics Estonia, said that, year on year, the producer price index rose for the third month in a row. “The rise in November was slightly bigger than in October and September,” he noted. “Compared with November 2024, the index was most affected by price increases in electricity and heat energy production and in the manufacture of wood and wood products, peat products and crushed stone,” said Valgenberg. Falling prices in the manufacture of fuel oils, textiles and basic metals had the opposite effect on the index
Article
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in May was almost unchanged compared with April but rose by 4.5% year on year. “Compared with May 2024, the index was affected the most by the 7.1% higher prices of food products. In transport, prices increased by 6.2%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from April, including an increased appointment fee for specialist medical care, which also affected the index year on
Article
Eveli Šokman, the producer price statistics service manager at Statistics Estonia, said that, year on year, the producer price index declined in December after three months of trending upwards. “Compared with December 2024, the index was affected the most by falling prices in the manufacture of fuel oils and in electricity and heat energy production. Higher prices in the manufacture of wood and wood products, peat production, and the manufacture of food products had the opposite effect on the index,” added Šokman. In manufacturing as a whole, the index was unchanged year on year. In the