Inflation Estonia 2011
Average inflation: 5.0%
Current Inflation
Inflation is very high at 5.0%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 5.7%. The lowest inflation was in December at 3.7%.
- Highest month
- February: 5.7%
- Lowest month
- December: 3.7%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 9.8%. The lowest price increase was in Communication with an average of -4.0%.
- Highest increase
- Food and non-alcoholic beverages: 9.8%
- Lowest increase
- Communication: -4.0%
Historical Context
Current inflation is around the 5-year average of 5.0%.
- 5-year average
- 5%
- 10-year average
- 4.2%
- All-time high (2008)
- 10.4%
- All-time low (2009)
- 0%
Trend
Inflation shows an upward trend. Compared to 2010, inflation has risen by +2.0 percentage point.
- Change vs. previous year
- +2.0 percentage points
- Largest monthly swing
- January: +5.9 percentage points
ECB Target
Inflation is 3.0% 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 €105.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2010 |
|---|---|---|
| January | 5.2% | +5.9 |
| February | 5.7% | +5.8 |
| March | 5.2% | +3.6 |
| April | 5.4% | +2.6 |
| May | 5.4% | +2.4 |
| June | 4.9% | +1.3 |
| July | 5.1% | +2.2 |
| August | 5.5% | +2.6 |
| September | 5.1% | +1.1 |
| October | 4.4% | -0.3 |
| November | 4.1% | -1.2 |
| December | 3.7% | -2.0 |
| Average | 5.0% |
Data source
Data from OECD. Last updated: 11/01/2026.