Estonia’s annual inflation slows to 1.5 percent in August

Monday 7th September 2026 on 07:15 in Estonia

consumer prices, Estonia, inflation

Estonia’s consumer price index rose 0.4 percent in August from July and 1.5 percent year on year, Statistics Estonia reported, according to ERR.

Goods were 0.9 percent more expensive than in August 2025, while services cost 2.4 percent more. Annual price growth has remained very low for the past three months, with prices last rising this slowly in spring 2021, said Lauri Veski, head of Statistics Estonia’s consumer price statistics service.

“Although housing and transport costs increased over the year, the index was held back by lower prices for food and non-alcoholic beverages,” Veski said.

Housing-related prices were pushed up by a 53.6 percent increase in waste collection, a 10 percent rise in firewood prices and a 3.7 percent increase in electricity prices. In transport, petrol prices rose 7.9 percent and diesel prices 27.9 percent year on year.

Food and non-alcoholic beverages make up the largest share of the consumer price index. Their prices fell 2.6 percent from August 2025, helping to curb overall inflation. Clothing and footwear prices fell 4.6 percent over the same period.

Among food products, fruit and nuts became 15.7 percent cheaper year on year. Prices also fell for milk, dairy products and eggs, by 4.1 percent, and for oils and fats, by 19.2 percent. Butter prices fell 28 percent.

Fish and fish products became 4.8 percent more expensive, fresh vegetables 16 percent and prepared food 3.5 percent.

Fuel prices rose while food became cheaper in August

Compared with July, petrol prices rose 2.3 percent in August and diesel prices 11.2 percent. Electricity became 3.1 percent more expensive and housing rents rose 2.7 percent.

Natural gas prices fell 6.2 percent month on month but remained 18.3 percent higher than a year earlier.

Among food products, coffee prices fell 3.5 percent, citrus fruit prices 12 percent and other fresh fruit prices 9.6 percent. Bread and bakery products became 1 percent more expensive, while fresh vegetables rose 4 percent.

Source 
(via ERR)