Inflation Estonia 2012
Average inflation: 3.9%
Current Inflation
Inflation is high at 3.9%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 4.5%. The lowest inflation was in December at 3.4%.
- Highest month
- January: 4.5%
- Lowest month
- December: 3.4%
- Difference
- 1.1 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 9.1%. The lowest price increase was in Communication with an average of -7.0%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 9.1%
- Lowest increase
- Communication: -7.0%
Historical Context
Current inflation is 0.6% lower than the 5-year average of 4.5%.
- 5-year average
- 4.5%
- 10-year average
- 4.2%
- All-time high (2008)
- 10.4%
- All-time low (2009)
- 0%
Trend
Inflation has remained relatively stable. Compared to 2011, the difference is minimal (-1.1 percentage point).
- Change vs. previous year
- -1.1 percentage points
- Largest monthly swing
- August: -1.7 percentage points
ECB Target
Inflation is 1.9% 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 €103.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2011 |
|---|---|---|
| January | 4.5% | -0.7 |
| February | 4.2% | -1.5 |
| March | 4.4% | -0.8 |
| April | 4.0% | -1.4 |
| May | 3.8% | -1.6 |
| June | 3.9% | -1.0 |
| July | 3.6% | -1.5 |
| August | 3.8% | -1.7 |
| September | 3.8% | -1.3 |
| October | 4.1% | -0.3 |
| November | 3.7% | -0.4 |
| December | 3.4% | -0.3 |
| Average | 3.9% |
Data source
Data from OECD. Last updated: 11/01/2026.