Inflation Estonia 2002
Average inflation: 3.6%
Current Inflation
Inflation is high at 3.6%, well above the ECB target.
Peak and Trough
The highest inflation was in April at 4.6%. The lowest inflation was in August at 2.7%.
- Highest month
- April: 4.6%
- Lowest month
- August: 2.7%
- Difference
- 1.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Health with an average of 8.3%. The lowest price increase was in Transport with an average of -2.3%.
- Highest increase
- Health: 8.3%
- Lowest increase
- Transport: -2.3%
Historical Context
Current inflation is 0.9% lower than the 5-year average of 4.5%. This approaches the lowest level since records began (3.6% in 2002).
- 5-year average
- 4.5%
- 10-year average
- 4.5%
- All-time high (2001)
- 5.8%
- All-time low (2002)
- 3.6%
Trend
Inflation has remained relatively stable. Compared to 2001, the difference is minimal (-2.2 percentage point).
- Change vs. previous year
- -2.2 percentage points
- Largest monthly swing
- August: -3.4 percentage points
ECB Target
Inflation is 1.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2002
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2001 |
|---|---|---|
| January | 4.2% | -1.6 |
| February | 4.5% | -1.5 |
| March | 4.3% | -1.5 |
| April | 4.6% | -1.7 |
| May | 4.1% | -2.9 |
| June | 3.8% | -3.0 |
| July | 3.1% | -3.3 |
| August | 2.7% | -3.4 |
| September | 2.7% | -3.0 |
| October | 3.2% | -1.5 |
| November | 3.1% | -1.1 |
| December | 2.7% | -1.5 |
| Average | 3.6% |
Data source
Data from OECD. Last updated: 11/01/2026.