Inflation Estonia 2005

Average inflation: 4.1%

Inflation in 2005

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

Inflation is 0.5 percentage points 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

Over the period 2003-2005, inflation shows an upward trend. Compared to 2004, inflation has risen by 1.0 percentage points.

Change vs. previous year
+1.0 percentage points
Largest monthly swing
March: +4.6 percentage points

ECB Target

Inflation is 2.1 percentage points 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

Food and non-alcoholic beverages
3.6%
-0.5 vs avg.
Alcoholic beverages, tobacco and narcotics
4.2%
+0.1 vs avg.
Clothing and footwear
1.9%
-2.2 vs avg.
Housing, water, electricity, gas and other fuels
7.0%
+2.9 vs avg.
Furnishings, household equipment and maintenance
0.3%
-3.8 vs avg.
Health
2.2%
-1.9 vs avg.
Transport
9.4%
+5.3 vs avg.
Communication
-4.1%
-8.2 vs avg.
Recreation and culture
0.7%
-3.4 vs avg.
Education
3.4%
-0.7 vs avg.
Restaurants and hotels
4.0%
-0.1 vs avg.
Miscellaneous goods and services
2.9%
-1.2 vs avg.

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.

See also