Estonia’s consumer price index rose by 3.7% on year in May 2026, according to Statistics Estonia, ERR reported. Consumer prices of goods rose by 3.1% and services by 4.6%. The increase in prices was influenced the most by a 10.4% rise in transport costs and 5.4% rise in housing-related costs, both driven up by higher…
Estonia’s harmonised index of consumer prices rose by 4% in May 2026 from a year earlier, according to Statistics Estonia’s preliminary estimate, ERR reports. Compared to April 2026, consumer prices rose by 0.9%. Lenno Uusküla, chief economist at Luminor, said that the rapid price increase was driven by higher energy and other commodity prices as…
The European Bank for Reconstruction and Development (EBRD) has lowered its GDP growth forecasts for all three Baltic States in both 2026 and 2027, LETA reports. The bank now projects that Estonia’s GDP will grow by 2.1% in 2026 and 2.3% in 2027. In February 2026, the bank’s GDP growth forecast for Estonia was 2.2%…
The average monthly gross wage in Estonia amounted to EUR 2,135 in the first quarter of 2026, which was up 6.2% from the same period of 2025, according to Statistics Estonia, ERR reported. Wages increased in all counties, rising by 6.5% to EUR 2,538 in Tallinn, by 6.3% to EUR 2,405 in Harjumaa county, and…
Renewed calls for engagement with Russia do not reflect Europe’s security needs, Lithuanian President Gitanas Nauseda stated, BNS reports. Speaking at the opening of the NATO Parliamentary Assembly’s spring session in the Lithuanian parliament, the Seimas, Nauseda insisted that Russia has to be “contained, not courted.” He reminded that the future of European security was…
Four political groups in Latvia have agreed on the programme of a new coalition government and the distribution of ministerial portfolios, LSM reports. The United List’s MP, Andris Kulbergs, will serve as prime minister, and the party alliance will also hold the posts of ministers of finance, justice, and regional development. Outgoing Prime Minister Evika…
Estonia’s electricity consumption totalled 2,568 GWh in the first quarter of 2026, according to transmission system operator Elering, ERR reports. Electricity imports totalled 1,064 GWh, covering 41% of consumption. Estonia’s domestic production of electricity totalled 1,504 GWh, which was 7% less than a year earlier. Production of electricity from renewable sources totalled 951 GWh (down…
Estonia’s national transmission system operator, Elering, has postponed plans to build a fourth electricity interconnection with Latvia until after 2038, which was the project’s original completion date, ERR reports. Earlier, Elering postponed a decision on the construction of a third undersea electricity connection to Finland. Reigo Kebja, board member at Elering, said that final investment…
Estonia’s ruling coalition plans to pass a new climate law before the parliamentary elections due in March 2027, the Minister of Energy and the Environment, Andres Sutt, announced, ERR reports. Prime Minister Kristen Michal expects the parliament, the Riigikogu, to begin discussing the draft law before summer 2026 and approve the legislation in autumn 2026….