Inflation Estonia 2007
Average inflation: 6.6%
Current Inflation
Inflation is very high at 6.6%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 9.6%. The lowest inflation was in February at 4.7%.
- Highest month
- December: 9.6%
- Lowest month
- February: 4.7%
- Difference
- 4.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 14.6%. The lowest price increase was in Communication with an average of -1.2%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 14.6%
- Lowest increase
- Communication: -1.2%
Historical Context
Current inflation is 2.7% higher than the 5-year average of 3.9%. This approaches the highest level since records began (6.6% in 2007).
- 5-year average
- 3.9%
- 10-year average
- 4.1%
- All-time high (2007)
- 6.6%
- All-time low (2003)
- 1.3%
Trend
Inflation shows an upward trend. Compared to 2006, inflation has risen by +2.2 percentage point.
- Change vs. previous year
- +2.2 percentage points
- Largest monthly swing
- October: +4.7 percentage points
ECB Target
Inflation is 4.6% 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 €106.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2007
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | 5.1% | +0.4 |
| February | 4.7% | +0.1 |
| March | 5.8% | +1.8 |
| April | 5.5% | +1.2 |
| May | 5.7% | +1.0 |
| June | 5.8% | +1.5 |
| July | 6.4% | +1.9 |
| August | 5.7% | +0.7 |
| September | 7.2% | +3.4 |
| October | 8.4% | +4.7 |
| November | 9.1% | +4.5 |
| December | 9.6% | +4.5 |
| Average | 6.6% |
Data source
Data from OECD. Last updated: 11/01/2026.