Inflation Estonia 2001

Average inflation: 5.8%

Current Inflation

Inflation is very high at 5.8%, far above the ECB target.

Peak and Trough

The highest inflation was in May at 7.0%. The lowest inflation was in November at 4.2%.

Highest month
May: 7.0%
Lowest month
November: 4.2%
Difference
2.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Health with an average of 11.0%. The lowest price increase was in Communication with an average of -1.9%.

Highest increase
Health: 11.0%
Lowest increase
Communication: -1.9%

Historical Context

Current inflation is 0.9% higher than the 5-year average of 4.9%. This approaches the highest level since records began (5.8% in 2001).

5-year average
4.9%
10-year average
4.9%
All-time high (2001)
5.8%
All-time low (2000)
4%

Trend

Inflation shows an upward trend. Compared to 2000, inflation has risen by +1.8 percentage point.

Change vs. previous year
+1.8 percentage points
Largest monthly swing
May: +4.1 percentage points

ECB Target

Inflation is 3.8% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €105.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2001

Inflation by category

Food and non-alcoholic beverages
8.3%
+2.5vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.8%
-3.0vs avg.
More details →
Clothing and footwear
3.8%
-2.0vs avg.
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Housing, water, electricity, gas and other fuels
9.8%
+4.0vs avg.
More details →
Furnishings, household equipment and maintenance
1.3%
-4.5vs avg.
More details →
Health
11.0%
+5.2vs avg.
More details →
Transport
3.1%
-2.7vs avg.
More details →
Communication
-1.9%
-7.7vs avg.
More details →
Recreation and culture
4.9%
-0.9vs avg.
More details →
Education
7.4%
+1.6vs avg.
More details →
Restaurants and hotels
7.1%
+1.3vs avg.
More details →
Miscellaneous goods and services
2.0%
-3.8vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2000
January 5.8% +2.5
February 6.0% +2.9
March 5.8% +2.7
April 6.3% +3.2
May 7.0% +4.1
June 6.8% +3.6
July 6.4% +2.3
August 6.1% +1.6
September 5.7% +1.0
October 4.7% -0.7
November 4.2% -1.5
December 4.2% -0.8
Average 5.8%

Data source

Data from OECD. Last updated: 13/01/2026.

See also