Estonia’s consumer price index (CPI) rose by 5.2% on year in September 2025, driven mostly by a 7.7% increase in food prices, according to Statistics Estonia, ERR reported. Prices for goods rose by 2.8% and services by 8.9%. Compared to August 2025, the CPI fell by 1.1%. This was the first time that the CPI…
Estonia’s harmonised index of consumer prices (HICP) rose by 5.2% on year in September 2025, according to Statistics Estonia’s flash estimate, ERR reports. Compared to August 2025, prices fell by 1.2%. The monthly fall was mainly due to a drop in prices for food, non-alcoholic beverages, and fuel. The HICP takes into account spending by…
Estonia’s annual inflation may reach 6% or higher in 2025, driven by the rise in energy and food prices, local analysts forecast, ERR reports. Triinu Tapver, analyst at LHV Pank, said that inflation could amount to as much as 6.2-6.5% in 2025, which would be up sharply from the bank’s earlier estimate of 4.5% at…
The total turnover of retail trade enterprises in Estonia amounted to EUR 10.4bn in 2024, which was down 3% from 2023, according to preliminary data from Statistics Estonia, Baltic News Network reports. Retail sales in grocery stores fell by 3% and in stores selling manufactured goods by 4% over a year. Retail sales of automotive…
Latvia’s total retail trade turnover rose by 1% in 2024 compared to 2023, according to calendar-adjusted data at constant prices published by the Central Statistical Bureau (CSP), LSM reports. The annual turnover of retail trade in food products decreased by 1.6%, whereas retail trade of non-food products (except automotive fuel) increased by 2.3%. Retail sales…
Estonia’s consumer price index rose by 3.5% in 2024 compared with 2023, according to revised data from Statistics Estonia. Changes in food and non-alcoholic beverage prices had the biggest impact on the index in 2024, accounting for 23.7% of the total rise. Prices of food and non-alcoholic beverages rose by 3.2%, alcoholic beverages and tobacco…
The consumer price index (CPI) in Estonia rose by 3.7% in November 2024 compared to the same period of 2023, according to data from Statistics Estonia, ERR reported. The price of goods rose by 2.5% and services by 5.6% over a year. Compared to October 2024, consumer prices declined by 0.4%. The CPI was primarily…
Estonia’s Minister of Regional Affairs and Agriculture, Piret Hartman, is visiting India to promote bilateral trade, BNS reports. She is accompanied by a business delegation of several leading Estonian food and beverage companies. Hartman noted that Estonia was already exporting cheese to India, but suggested that there was also potential for exporting other dairy products,…
Latvia’s total retail trade turnover rose by 0.8% on year in August 2024, according to the Central Statistical Bureau’s (CSP) calendar-adjusted data at constant prices, LSM reports. Retail sales of food products decreased by 4.6%, while retail sales of non-food products (excluding automotive fuel) increased by 5.0% and automotive fuel by 0.6% over a year….