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The share of innovative enterprises in Estonia is growing

Date 08.06.2026
Article
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  3. The share of innovative enterprises in Estonia is growing
The Community Innovation Survey is conducted in European countries every two years, with the most recent survey covering the reference period 2022–2024. Innovation means the introduction of new or significantly improved products or services or the implementation of improved business processes. A product or process innovation could mean the introduction of new technical solutions, the innovative combination of existing and already used technologies, or the application of knowledge available within the enterprise. Hanno Evard, analyst at Statistics Estonia, said that innovative enterprises play

HICP flash estimate: prices up by 1.1% in June

Date 01.07.2025
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  3. HICP flash estimate: prices up by 1.1% in June
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 tourists and is comparable to the international HICP. “Based on the preliminary estimate, the HICP was affected by the rising prices of food products and also by the higher prices of holiday trips and accommodation, although the latter is likely to be a temporary trend. Lower housing costs and decreased prices of clothing and footwear had the opposite effect on the index,” said Lauri Veski, team lead of consumer price

Household Budget Survey

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  2. Household Budget Survey
What kind of survey is it? The Household Budget Survey provides information about the expenditures and living conditions of Estonian households, about household composition and the demographic and social characteristics of household members. The Household Budget Survey is one of the oldest surveys in Estonia – the first statistical survey on this topic was conducted already in 1925. The current survey methodology has been used since 2010. The survey consists of a household questionnaire and a personal questionnaire (for all household members aged 15 and over) and an expense diary. Who

Consumer price index up by 2.2% in July year on year

Date 07.08.2026
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  3. Consumer price index up by 2.2% in July year on year
Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia, explained that the year-on-year comparison again shows a relatively small rise in prices. “The last time the annual price increase was this small was in April 2021. Although the prices of housing, transport, and alcohol and tobacco have gone up over the year, the rise in the index is being held back by the cheaper prices of food and non-alcoholic beverages,” added Veski. Housing-related prices were affected mainly by the price list changes that took effect in July. Due to the waste reform, the price of waste

HICP flash estimate: prices up by 0.6% in July

Date 01.08.2025
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  3. HICP flash estimate: prices up by 0.6% in July
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

Consumer price index up by 3.7% in May year on year

Date 05.06.2026
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  3. Consumer price index up by 3.7% in May year on year
Compared with May 2025, the rise in the consumer price index was influenced the most by the 10.4% increase in transport costs and the 5.4% higher housing-related costs. “Prices in transport were mainly driven up by petrol and diesel fuel prices which rose by 14.3% and 32.3%, respectively. The increase in housing costs was primarily due to 9.4% more expensive electricity and the 19.5% increase in the cost of natural gas. The index rise was slowed down by the prices of clothing and footwear which fell by 3.9% in May year on year,” said Mark Herman Ilumets, consumer price statistics analyst at

Retail trade volume began to decline in August

Date 30.09.2025
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  3. Retail trade volume began to decline in August
Johanna Linda Pihlak, analyst at Statistics Estonia, pointed out that the turnover volume of retail trade enterprises, which had been growing since December last year, began to decline in August. “The drop in the volume of turnover was influenced by stores selling manufactured goods as well as grocery stores. The latter had the greatest impact, with their turnover volume falling by 5% compared with August last year,” Pihlak added. The turnover volume of stores selling manufactured goods turned to decline in August, falling by 2% compared with August 2024. Among stores selling manufactured

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The economy contracted by 3% last year

Date 01.03.2024
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  3. The economy contracted by 3% last year
According to Statistics Estonia, in the fourth quarter of 2023, the gross domestic product (GDP) decreased by 2.7% compared with the same period of 2022. The GDP at current prices was 9.9 billion euros in the fourth quarter. In 2023 as a whole, Estonia’s GDP decreased by 3% and amounted to 37.7 billion euros at current prices.

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