Inflation Estonia 2005
Average inflation: 4.1%
Current Inflation
Inflation is high at 4.1%, well above the ECB target.
Peak and Trough
The highest inflation was in March at 5.0%. The lowest inflation was in May at 2.8%.
- Highest month
- March: 5.0%
- Lowest month
- May: 2.8%
- Difference
- 2.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 9.4%. The lowest price increase was in Communication with an average of -4.1%.
- Highest increase
- Transport: 9.4%
- Lowest increase
- Communication: -4.1%
Historical Context
Current inflation is 0.5% higher than the 5-year average of 3.6%.
- 5-year average
- 3.6%
- 10-year average
- 3.6%
- All-time high (2001)
- 5.8%
- All-time low (2003)
- 1.3%
Trend
Inflation shows an upward trend. Compared to 2004, inflation has risen by +1.0 percentage point.
- Change vs. previous year
- +1.0 percentage points
- Largest monthly swing
- March: +4.6 percentage points
ECB Target
Inflation is 2.1% 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 €104.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| January | 4.2% | +3.7 |
| February | 4.5% | +4.0 |
| March | 5.0% | +4.6 |
| April | 4.6% | +3.3 |
| May | 2.8% | -0.9 |
| June | 3.1% | -1.4 |
| July | 3.7% | -0.4 |
| August | 4.2% | +0.2 |
| September | 4.9% | +1.0 |
| October | 4.5% | +0.4 |
| November | 3.9% | -0.8 |
| December | 3.5% | -1.5 |
| Average | 4.1% |
Data source
Data from OECD. Last updated: 13/01/2026.