Estonia June Inflation Lowest Since 2020

2026-07-07 05:18 By Joshua Ferrer 1 min. read

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.



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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.
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