The annual inflation rate in Estonia edged down to 2.2% in July 2026 from 2.3% in the previous month. This marked the softest rise since April 2021, driven largely by continued declines in prices for food and non-alcoholic beverages (-1.6% vs -1.5% in June) and recreation, sports and culture (-2.6% vs -0.2%). Price growth also slowed for alcoholic beverages and tobacco (6.4% vs 8.9%), health (2.7% vs 3.2%), transport (5.4% vs 7.5%), information and communication (0.4% vs 0.8%), education (4.7% vs 5.2%), and miscellaneous goods and services (3.6% vs 4.8%). Meanwhile, housing costs continued to increase (8.3% vs 7.6%), while prices rebounded for household goods (0.1% vs -0.5%) and restaurants and accommodation services (1.3% vs -2.0%). Deflation also eased in clothing and footwear (-3.1% vs -6.2%) and insurance and financial services (-4.1% vs -7.2%). On a monthly basis, consumer prices rose 0.5% in July, rebounding from a 0.5% decline in the previous period. source: Statistics Estonia

Inflation Rate in Estonia decreased to 2.20 percent in July from 2.30 percent in June of 2026. Inflation Rate in Estonia averaged 4.10 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 August of 2026.

Inflation Rate in Estonia decreased to 2.20 percent in July from 2.30 percent in June of 2026. Inflation Rate in Estonia is expected to be 2.50 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 2.30 percent in 2027 and 2.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
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 2.2% 2.3% 2.2%
2026-09-07 05:00 AM
Inflation Rate YoY
Aug 2.2%



Components Last Previous Unit Reference
Food Inflation -1.60 -1.50 percent Jul 2026

Related Last Previous Unit Reference
CPI 325.07 323.41 points Jul 2026
CPI Housing Utilities 658.97 647.51 points Jul 2026
CPI Transportation 285.34 286.57 points Jul 2026
Export Prices 469.37 471.99 points Jun 2026
GDP Deflator 146.30 144.32 points Mar 2026
Import Prices 206.07 208.87 points Jun 2026
Inflation Rate YoY 2.20 2.30 percent Jul 2026
Inflation Rate MoM 0.50 -0.50 percent Jul 2026
Producer Prices 161.21 161.73 points Jun 2026
PPI YoY 3.80 2.70 percent Jun 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
2.20 2.30 24.80 -2.17 1999 - 2026 percent Monthly
1997=100

News Stream
Estonia Inflation Rate Lowest in Over 5 Years
The annual inflation rate in Estonia edged down to 2.2% in July 2026 from 2.3% in the previous month. This marked the softest rise since April 2021, driven largely by continued declines in prices for food and non-alcoholic beverages (-1.6% vs -1.5% in June) and recreation, sports and culture (-2.6% vs -0.2%). Price growth also slowed for alcoholic beverages and tobacco (6.4% vs 8.9%), health (2.7% vs 3.2%), transport (5.4% vs 7.5%), information and communication (0.4% vs 0.8%), education (4.7% vs 5.2%), and miscellaneous goods and services (3.6% vs 4.8%). Meanwhile, housing costs continued to increase (8.3% vs 7.6%), while prices rebounded for household goods (0.1% vs -0.5%) and restaurants and accommodation services (1.3% vs -2.0%). Deflation also eased in clothing and footwear (-3.1% vs -6.2%) and insurance and financial services (-4.1% vs -7.2%). On a monthly basis, consumer prices rose 0.5% in July, rebounding from a 0.5% decline in the previous period.
2026-08-07
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