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Inflation Rate in Estonia increased to 6.10 percent in August from 5.40 percent in July of 2025. This dataset provides - Estonia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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.
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.
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The Consumer Price Index in Estonia increased 1 percent in August of 2025 over the previous month. This dataset provides - Estonia Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Historical dataset showing Estonia inflation rate by year from 1993 to 2024.
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Cost of food in Estonia increased 9.10 percent in July 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.
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.
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Core consumer prices in Estonia increased 7.30 percent in July 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.
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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 September of 2025.
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Graph and download economic data for Inflation, consumer prices for Estonia (FPCPITOTLZGEST) from 1993 to 2024 about Estonia, consumer, CPI, inflation, price index, indexes, and price.
In 2024, consumer prices in Estonia increased by 3.5 percent compared to the previous year. Over the period under consideration, the most significant increase in prices was recorded in 2022 at over 19 percent.
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Inflation, GDP deflator: linked series (annual %) in Estonia was reported at 3.7334 % in 2024, 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 September of 2025.
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La tasa de inflación armonizada interanual en Estonia aumentó al 6.20 por ciento en agosto desde el 5.60 por ciento en julio de 2025. Esta página incluye un gráfico con datos históricos para la tasa de inflación armonizada interanual de Estonia.
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Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Estonia (CPGRLE01EEA661N) from 1998 to 2024 about Estonia, core, all items, CPI, inflation, price index, indexes, and price.
Consumer price index of Estonia rose by 3.52% from 165.9 index in 2023 to 171.7 index in 2024. Since the 0.44% decline in 2020, consumer price index soared by 41.20% in 2024. Consumer price index reflects changes 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.
GDP deflator of Estonia plummeted by 53.65% from 8.1 % in 2023 to 3.7 % in 2024. Since the 193.77% surge in 2022, GDP deflator sank by 76.34% in 2024. 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.
As of April 2025, the inflation rate in the European Union was 2.4 percent, with prices rising fastest in Romania, which had an inflation rate of 4.9 percent. By contrast, both France and Cyprus saw low inflation rates during the same period, with France having the lowest inflation rate in the EU during this month. The rate of inflation in the EU in the October 2022 was higher than at any other time, with the peak prior to 2021 recorded in July 2008 when prices were growing by 4.4 percent year-on-year. Before the recent rises in inflation, price rises in the EU had been kept at relatively low levels, with the inflation rate remaining below three percent between January 2012 and August 2021. Rapid recovery and energy costs driving inflation The reopening of the European economy in 2021 following the sudden shock of COVID-19 in 2020 is behind many of the factors that have caused prices to rise so quickly in 2022. Global supply chains have not yet recovered from production issues, travel restrictions, and workforce problems brought about by the pandemic. Rising energy costs have only served to exacerbate supply problems, particularly with regard to the transport sector, which had the highest inflation rate of any sector in the EU in December 2021. High inflation rates mirrored in the U.S. The high inflation rates seen in Europe have been reflected in other parts of the world. In the United States, for example, the consumer price index reached a 40-year-high of seven percent in December 2021, influenced by many of the same factors driving European inflation. Nevertheless, it is hoped that once these supply chain issues ease, inflation levels will start to fall throughout the course of 2022.
Purchasing power parity of Estonia decreased by 1.99% from 0.6 LCU per international dollars in 2023 to 0.6 LCU per international dollars in 2024. Since the 5.82% jump in 2022, purchasing power parity went up by 3.28% in 2024. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP.
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Producer Prices in Estonia decreased 2.20 percent in July of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Estonia Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Estonia: Inflación: variación porcentual en Índ. Precios Consumidor: Para ese indicador, proporcionamos datos para Estonia de 1993 a 2024. El valor medio para Estonia durante ese período fue de 9.8 por ciento con un mínimo de -0.5 por ciento en 2015 y un máximo de 89.8 por ciento en 1993. El último dato de 2024 es 3.5 por ciento. A modo de comparación, el promedio mundial en 2024 basado en 155 países es de 6.0 por ciento.
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Inflation Rate in Estonia increased to 6.10 percent in August from 5.40 percent in July of 2025. This dataset provides - Estonia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.