Inflation Rate in Estonia remained unchanged at 4.50 percent in May. This dataset provides - Estonia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the average inflation rate in Estonia amounted to approximately 3.73 percent. Between 1994 and 2024, the figure dropped by around 43.93 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 1.45 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Estonia inflation rate for 2024 was 3.52%, a 5.64% decline from 2023.

<ul style='margin-top:20px;'>

<li>Estonia inflation rate for 2023 was <strong>9.16%</strong>, a <strong>10.24% decline</strong> from 2022.</li>
<li>Estonia inflation rate for 2022 was <strong>19.40%</strong>, a <strong>14.75% increase</strong> from 2021.</li>
<li>Estonia inflation rate for 2021 was <strong>4.65%</strong>, a <strong>5.1% increase</strong> from 2020.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

The monthly inflation rate for the Harmonized Index of Consumer Prices (HICP, all items) in Estonia was estimated at 3.8 percent in November 2024 compared to the same period of the previous year. To compare, in January 2023, the inflation rate was 18.6 percent compared to the same month in the previous year.

Harmonised Inflation Rate YoY in Estonia increased to 4.60 percent in May from 4.40 percent in April of 2025. This dataset includes a chart with historical data for Estonia Harmonised Inflation Rate YoY.

The Consumer Price Index in Estonia increased 0.10 percent in May of 2025 over the previous month. This dataset provides - Estonia Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rates of energy commodity prices in Estonia increased significantly in 2022. Gas has seen the steepest rise, with the inflation rate standing at 259.5 percent in September 2022. These increases in inflation came following Russia's invasion of Ukraine, which has caused uncertainty over Europe's security of gas supply, as well as intense energy price volatility.

Core consumer prices in Estonia increased 5.90 percent in May of 2025 over the same month in the previous year. This dataset provides - Estonia Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Estonia was 4.58 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 4.43 percent. Compared to a year ago, we see an increase from the...

In April 2025, the inflation rate for food in Estonia was at 7.4 percent. This is a year-on-year increase compared to the same month of the previous year. Food Inflation is reported by Statistics Estonia.

Inflation, consumer prices (annual %) in Estonia was reported at 3.5206 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Estonia - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Estonia: Inflation forecast: The latest value from 2030 is 2.14 percent, a decline from 2.4 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Estonia from 1995 to 2030 is 5.17 percent. The minimum value, -1.87 percent, was reached in 2009 while the maximum of 28.87 percent was recorded in 1995.

In 2025, the average inflation rate in Estonia stands at approximately 5.77 percent.Fluctuating decline between 1994 and 2025Compared to the earliest depicted observation from 1994 there is a total decrease by approximately 41.89 percentage points. Looking at the trajectory between 1994 and 2025, one can observe that this decrease however did not happen continuously.Continuous decline between 2025 and 2030In 2030 the inflation will be around 2.28 percent, according to forecasts. There is an overall decrease by approximately 3.49 percentage points since 2025. This decrease reflects a consistent falling trend.This indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.

Estonia EE: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 3.977 % in 2017. This records an increase from the previous number of 1.593 % for 2016. Estonia EE: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 4.958 % from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 24.658 % in 1996 and a record low of 0.431 % in 2009. Estonia EE: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Estonia – Table EE.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

Harmonised Inflation Rate MoM in Estonia decreased to 0.10 percent in May from 1.20 percent in April of 2025. This dataset includes a chart with historical data for Estonia Harmonised Inflation Rate MoM.

Inflation, monthly percent change in the CPI in Estonia, April, 2025 The most recent value is 1.16 percent as of April 2025, an increase compared to the previous value of -0.31 percent. Historically, the average for Estonia from February 1996 to April 2025 is 0.38 percent. The minimum of -1.56 percent was recorded in October 2022, while the maximum of 4.15 percent was reached in April 2022. | TheGlobalEconomy.com

Inflation, GDP deflator: linked series (annual %) in Estonia was reported at 8.0548 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Estonia - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Estonia (CPGRLE01EEQ657N) from Q1 1998 to Q4 2023 about Estonia, core, all items, CPI, inflation, price index, indexes, and price.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Estonia (CPGRLE01EEA657N) from 1998 to 2023 about Estonia, core, all items, CPI, inflation, price index, indexes, and price.

Cost of food in Estonia increased 7.10 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Estonia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.