Inflation Estonia 2015
Average inflation: -0.5%
Current Inflation
There is deflation with consumer prices declining by 0.5%.
Peak and Trough
The highest inflation was in May at 0.1%. The lowest inflation was in January at -1.3%.
- Highest month
- May: 0.1%
- Lowest month
- January: -1.3%
- Difference
- 1.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 5.1%. The lowest price increase was in Education with an average of -18.7%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 5.1%
- Lowest increase
- Education: -18.7%
Historical Context
Current inflation is 2.7% lower than the 5-year average of 2.2%.
- 5-year average
- 2.2%
- 10-year average
- 3.5%
- All-time high (2008)
- 10.4%
- All-time low (2015)
- -0.5%
Trend
Inflation shows a downward trend. Compared to 2014, inflation has fallen by +0.4 percentage point.
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- January: -2.4 percentage points
ECB Target
Inflation is 2.5% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2015
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2014 |
|---|---|---|
| January | -1.3% | -2.4 |
| February | -0.9% | -1.5 |
| March | -0.6% | -0.8 |
| April | -0.1% | -0.3 |
| May | 0.1% | 0.0 |
| June | -0.2% | +0.2 |
| July | -0.4% | 0.0 |
| August | -0.4% | +0.3 |
| September | -0.7% | -0.1 |
| October | -0.6% | -0.3 |
| November | -0.1% | +0.5 |
| December | -0.9% | -0.4 |
| Average | -0.5% |
Data source
Data from OECD. Last updated: 11/01/2026.