The annual inflation rate in Estonia slowed to 2.3% in June 2026 from a four-month high of 3.7% in the previous month. This marked the softest rise since April 2020, driven largely by declines in prices for food and non-alcoholic beverages (-1.5% vs 0.9% in May), clothing and footwear (-6.2% vs -3.9%), and household goods (-0.5% vs 1.5%). Costs also decreased for recreation, sport and culture (-0.2% vs 4.2%), restaurants and accommodation services (-2% vs 3.2%), and insurance and financial services (-7.2% vs -11.1%). In contrast, inflation remained elevated for housing (7.6% vs 5.4%) and transport (7.5% vs 10.4%), driven by higher electricity, natural gas, gasoline, and diesel prices. Costs also rose for alcoholic beverages and tobacco (8.9% vs 8.1%), partly due to excise duty increases and higher tobacco taxes. On a monthly basis, consumer prices fell by 0.5% in June, marking the first decline in six months and reversing a 0.4% gain in the preceding period. source: Statistics Estonia

Inflation Rate in Estonia decreased to 2.30 percent in June from 3.70 percent in May of 2026. Inflation Rate in Estonia averaged 4.11 percent from 1999 until 2026, reaching an all time high of 24.80 percent in August of 2022 and a record low of -2.17 percent in October of 2009. This page provides - Estonia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

Inflation Rate in Estonia decreased to 2.30 percent in June from 3.70 percent in May of 2026. Inflation Rate in Estonia is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Estonia Inflation Rate is projected to trend around 3.10 percent in 2027 and 2.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-05 05:00 AM
Inflation Rate YoY
May 3.7% 3.4% 3.7%
2026-07-07 05:00 AM
Inflation Rate YoY
Jun 2.3% 3.7% 3.5%
2026-08-07 05:00 AM
Inflation Rate YoY
Jul 2.3%



Components Last Previous Unit Reference
Food Inflation -1.50 0.90 percent Jun 2026

Related Last Previous Unit Reference
CPI 323.41 324.99 points Jun 2026
CPI Housing Utilities 647.51 643.12 points Jun 2026
CPI Transportation 286.57 291.63 points Jun 2026
Export Prices 471.99 465.21 points May 2026
GDP Deflator 146.30 144.32 points Mar 2026
Import Prices 208.87 206.14 points May 2026
Inflation Rate YoY 2.30 3.70 percent Jun 2026
Inflation Rate MoM -0.50 0.40 percent Jun 2026
Producer Prices 161.73 159.98 points May 2026
PPI YoY 2.70 1.80 percent May 2026


Estonia Inflation Rate
In Estonia, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.
Actual Previous Highest Lowest Dates Unit Frequency
2.30 3.70 24.80 -2.17 1999 - 2026 percent Monthly
1997=100

News Stream
Estonia June Inflation Lowest Since 2020
The annual inflation rate in Estonia slowed to 2.3% in June 2026 from a four-month high of 3.7% in the previous month. This marked the softest rise since April 2020, driven largely by declines in prices for food and non-alcoholic beverages (-1.5% vs 0.9% in May), clothing and footwear (-6.2% vs -3.9%), and household goods (-0.5% vs 1.5%). Costs also decreased for recreation, sport and culture (-0.2% vs 4.2%), restaurants and accommodation services (-2% vs 3.2%), and insurance and financial services (-7.2% vs -11.1%). In contrast, inflation remained elevated for housing (7.6% vs 5.4%) and transport (7.5% vs 10.4%), driven by higher electricity, natural gas, gasoline, and diesel prices. Costs also rose for alcoholic beverages and tobacco (8.9% vs 8.1%), partly due to excise duty increases and higher tobacco taxes. On a monthly basis, consumer prices fell by 0.5% in June, marking the first decline in six months and reversing a 0.4% gain in the preceding period.
2026-07-07
Estonia Inflation Rate at 4-Month High
The annual inflation rate in Estonia rose to 3.7% in May 2026 from 3.4% in the previous month. This marked the highest reading since January, as prices increased faster for housing (5.4% vs 3.7% in April), transport (10.4% vs 9.2%), recreation and culture (4.2% vs 1.5%), information and communication (1.7% vs 1.0%), and restaurants and accommodation services (3.2% vs 3.1%). At the same time, deflation eased in clothing and footwear (-3.9% vs -4.3%) and insurance and financial services (-11.1% vs -11.8%). In contrast, inflation moderated in food and non-alcoholic beverages (0.9% vs 2.6%), alcohol and tobacco (8.1% vs 8.3%), household goods (1.5% vs 1.9%), miscellaneous goods and services (4.1% vs 4.7%), health (2.7% vs 2.8%), and education (5.3% vs 5.4%). On a monthly basis, consumer prices eased to 0.4% in May, following a 0.8% gain in April.
2026-06-05
Estonia March Inflation Rises to 3.1%
The annual inflation rate in Estonia slowed to 3.4% in April 2026 from 3.6% in the previous month. This marks a 2-month low since February 2026 mainly driven by declines in costs for food and non-alcoholic beverages (2.6% vs 4.2% in March) and healthcare (2.8% vs 11.7%), catering and accommodation (3.1% vs 4.0%). On the other hand, prices increased at a faster pace for transportation (9.2% vs 7%), alcoholic beverages and tobacco (8.3% vs 7.7%), housing (3.7% vs 2.0%), and education and childcare facilities (5.4% vs 0.9%), while clothing and footwear costs declined less (-4.3% vs -5.6%). On a monthly basis, consumer prices rose by 0.8% in March, following a 0.0% rate in the preceding period.
2026-05-08