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…
Estonia’s harmonised index of consumer prices (HICP) rose by 4.7% on year in November 2025, according to Statistics Estonia’s flash estimate, ERR reports. Compared to October 2025, the HICP fell by 0.5%, however. Lenno Uusküla, chief economist at Luminor Bank, expects the pace of inflation to continue slowing down in December 2025, as import prices…
The continuing rise in prices in Estonia is driven by the increase in food prices, ERR reports. In June 2023, the growth of prices slowed down to 8.9% compared to the same month last year, according to preliminary data from Statistics Estonia. Compared to May 2023, prices went up by 0.8%, however. In both annual…
