Inflation Estonia 2019
Average inflation: 2.3%
Current Inflation
Inflation is normal at 2.3%, around the ECB target.
Peak and Trough
The highest inflation was in April at 3.2%. The lowest inflation was in October at 1.6%.
- Highest month
- April: 3.2%
- Lowest month
- October: 1.6%
- Difference
- 1.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 5.7%. The lowest price increase was in Communication with an average of -2.9%.
- Highest increase
- Education: 5.7%
- Lowest increase
- Communication: -2.9%
Historical Context
Current inflation is 0.6% higher than the 5-year average of 1.7%.
- 5-year average
- 1.7%
- 10-year average
- 2.3%
- All-time high (2008)
- 10.4%
- All-time low (2015)
- -0.5%
Trend
Inflation shows a downward trend. Compared to 2018, inflation has fallen by +1.1 percentage point.
- Change vs. previous year
- -1.1 percentage points
- Largest monthly swing
- October: -2.8 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 2.7% | -0.7 |
| February | 1.9% | -1.1 |
| March | 2.2% | -0.6 |
| April | 3.2% | +0.3 |
| May | 3.1% | +0.1 |
| June | 2.4% | -1.6 |
| July | 2.1% | -1.4 |
| August | 2.3% | -1.3 |
| September | 2.2% | -1.4 |
| October | 1.6% | -2.8 |
| November | 1.8% | -1.5 |
| December | 1.8% | -1.6 |
| Average | 2.3% |
Data source
Data from OECD. Last updated: 11/01/2026.