Pressiteated

29.09.2022
Companies need to find their own formula for adapting says Ülo Kaasik
Deputy Governor of Eesti Pank Ülo Kaasik said that the ability of companies to adapt will be...
20.09.2022
Both the central bank and the government need to take steps to combat inflation
The outlook for the Estonian economy depends above all on the future rate of inflation. Estonia has...
07.09.2022
Energy prices hit new records
Inflation continued to accelerate in August as the prices of natural gas and electricity hit new...
25.08.2022
Larger wage rises are not offsetting the rise in consumer prices
Data from Statistics Estonia show that the growth rate in the average wage accelerated from 8.1%...
05.08.2022
Slower growth in the economy will start to rein back inflation
Data from Statistics Estonia show that prices were 1.9% higher in July than a month earlier, with...
07.07.2022
Energy contributed a half of the inflation in June
Consumer prices rose 21.9% in June over the year, energy contributing a half of the total inflation...
29.06.2022
Rapid growth in spending on consumption has slowed the growth in deposits
The growth in deposits has slowed considerably. Households had around 11%, or 1.13...
14.06.2022
The broader impact on the economy of Russia’s war will be felt in the second half of the year
The Estonian economy started the year in a very strong position, but growth in it will slow. Growth...
07.06.2022
Energy prices continued to climb in May
Data from Statistics Estonia show that inflation remained high in May, touching 20% over the year....
31.05.2022
One euro in ten that is spent under the state budget is not covered by revenues says Madis Müller
The central bank is reducing its monetary policy support for the economy because the boost to...
31.05.2022
Speech by the Governor of Eesti Pank to the Riigikogu Presentation of the Annual Report of Eesti Pank for 2021
Honourable President of the Riigikogu, Distinguished Members of the Riigikogu. Once a year Eesti...
19.05.2022
Support for the economy during the current crisis needs to be different from that during the pandemic says Madis Müller
“A strong economic stimulus was needed during the pandemic from both the central bank and the...
18.05.2022
The International Monetary Fund recommends that support be targeted more precisely
Estonia will need to use its budget resources for the extraordinary costs caused by the war in...
18.05.2022
Republic of Estonia: Staff Concluding Statement of the 2022 Article IV Mission
A Concluding Statement describes the preliminary findings of IMF staff at the end of an official...
06.05.2022
The impact of the war in Ukraine has reached inflation
Consumer prices were up 18.8% on average on the year in April 2022. Prices were on average 3.5%...
21.04.2022
Each additional euro injected in the economy must be well targeted says Ülo Kaasik
Eesti Pank is forecasting that inflation in the Estonian economy this year will average above 10%,...
07.04.2022
High inflation will reduce purchasing power
The consumer basket was 15.2% more expensive in March than a year earlier. The biggest driver of the...
30.03.2022
Russia’s invasion of Ukraine will affect the Estonian economy through supply difficulties and higher inflation
How the Estonian and global economies perform will for the time being be steered by Russia’s...
07.03.2022
Uncertainty in commodities markets is causing strong price pressures
The consumer basket rose in price by 12% in February. Prices were up on the year by 36% for energy,...
01.03.2022
Economic growth will slow
Growth in the economy in 2021 exceeded expectations, but it will be slower from here on. The...
07.02.2022
Inflation for energy and food prices in Estonia is among the highest in the euro area
Inflation in Estonia has remained above the euro area average mainly because prices have risen for...
21.01.2022
The exceptionally high inflation right now will come down in the second half of the year says Ülo Kaasik
Deputy Governor of Eesti Pank Ülo Kaasik said that the current extraordinarily high inflation in...
07.01.2022
Record energy prices are restricting purchasing power
Data from Statistics Estonia show that consumer prices in December were 12.2% higher than a year...
21.12.2021
The high rate of inflation should abate in the second half of next year
The latest economic forecast from Eesti Pank expects that the economy will grow by 8% this year, but...
07.12.2021
Record energy prices mean inflation will not come down in the near future
Yearly inflation reached 8.8% in November as the price level stood 1.8% higher than in the previous...
05.11.2021
Energy prices will continue to pass through into consumer prices in the coming months
Inflation of 7% in October was caused by a sharp rise in energy prices, blockages in supply chains...
07.10.2021
Energy prices pushed inflation up across Europe
Supply-side factors continue to drive inflation upwards as energy prices pushed yearly inflation to...
22.09.2021
Responsible fiscal policy would help keep faster inflation in check
Estonian Economy and Monetary Policy 3/2021 The latest economic forecast from Eesti Pank...
07.09.2021
Inflation continues to be driven by rising energy prices
Inflation in August remained at its rate of July as consumer prices were up 5% over the...
06.08.2021
Inflation is being driven by higher global prices for raw materials and imported goods
The consumer purchase basket rose in price by 1.1% in July and was 5% more expensive than a year...
07.07.2021
Inflation has been faster than in Estonia's neighbours largely because of rising energy prices
Prices in Estonia were up by 3.8% over the year in June based on the national CPI weights, or by...
07.06.2021
Inflation pressure is strengthening because of the external environment
The largest part of the inflation of 3.6% over the year in May was caused by rises in motor fuels...
07.05.2021
Rising food prices are starting to push up inflation
Yearly growth in consumer prices accelerated to 1.9% in April, with more than half the rise coming...
08.04.2021
Inflation will remain higher until the summer
Inflation remained at its high level of recent months in March. The rise of 1.1% in consumer prices...
05.03.2021
Expensive electricity raised inflation in February
Inflation of 0.6% in February was mainly driven by energy prices, as price rises in the rest of the...
05.02.2021
Prices stopped falling in January after doing so for nine months
Data from Statistics Estonia show that consumer prices in January were 0.2% higher than a year...
08.01.2021
Prices in Estonia fell by less last year than was expected in the spring
Sulev Pert Economist at Eesti Pank Data from...
07.12.2020
Cheap oil continues to drive prices down
Sulev Pert Economist at Eesti Pank Data from...
06.11.2020
Prices will fall until the start of the new year
Sulev Pert Economist at Eesti...
07.10.2020
Prices in Estonia have reacted flexibly to the economic crisis
Sulev Pert Economist at Eesti Pank Data from...
07.09.2020
Prices continued to fall in August
Sulev Pert Economist at Eesti Pank Data from...
17.08.2020
Prices will continue to decline throughout the second half of the year
Sulev Pert economist at Eesti...
07.07.2020
Prices continued to fall in June because economic activity was weak
Sulev Pert Economist at Eesti Pank Consumer prices...
10.06.2020
It is time to move from emergency crisis aid to a long-term plan
Estonia is going through a global pandemic with wide-ranging economic consequences that will leave...
05.06.2020
Prices fell by more in Estonia than in the euro area in May
Sulev Pert Economist at Eesti Pank The consumer...
08.05.2020
The moderate fall in consumer prices will probably continue in the second half of the year
Sulev Pert Economist at Eesti Pank The consumer price...
07.04.2020
Inflation was slowed in March by coronavirus
Sulev Pert Economist at Eesti Pank Data from...
06.03.2020
Having risen a long way over the year, prices for tourist services could be brought down by the virus
Sulev Pert Economist at Eesti Pank Data from...
07.02.2020
Inflation remained modest in January
Sulev Pert Economist at Eesti Pank Data from...
08.01.2020
The weak external environment is holding inflation down in Estonia
Natalja Viilmann Economist at Eesti Pank Data from...
17.12.2019
Eesti Pank forecasts that the economy will start to lose momentum after running at full power
The Estonian economy will grow by 3.4% this year and 2.3% in 2020 Growth in the economy will...
06.12.2019
The annual rise in consumer prices remained moderate
Sulev Pert Economist at Eesti Pank Data from...
07.10.2019
Price growth is slowing down in the euro area and in Estonia
Sulev Pert Economist at Eesti Pank According to...
06.09.2019
Moderate price growth will continue in the near future
Sulev Pert Economist at Eesti Pank Consumer prices...
07.08.2019
The cut in excise slowed inflation
Sulev Pert Economist at Eesti Pank The price level in...
05.07.2019
The effect of lower excise on alcohol will depend on shopkeepers
Kaspar Oja Economist at Eesti Pank Consumer prices...
12.06.2019
People and the state could look to make savings in the coming years
The Estonian economy will grow by 3.3% this year and 2.1% next. Growth in the economy will slow as...
07.06.2019
Prices continue to rise much faster in Estonia than in the euro area as a whole
Sulev Pert Economist at Eesti Pank The consumer...
16.05.2019
Eesti Pank held a debate in Pärnu for students to discuss inflation
Eesti Pank and the Estonian Debating Society staged a debate today in the Sütevaka Gümnaasium school...
08.05.2019
The higher oil price has clearly passed into prices
Sulev Pert Economist at Eesti Pank Statistics Estonia...
05.04.2019
Energy prices continue to set the rate of inflation
Sulev Pert Economist at Eesti Pank Data from...
07.03.2019
Inflation has been slowed by the cooling global economy
Sulev Pert Economist at Eesti Pank Data from...
07.02.2019
Inflation slowed in January
Sulev Pert Economist at Eesti Pank Data from...
08.01.2019
Inflation in Estonia in 2018 was the fastest in the euro area
Sulev Pert Economist at Eesti Pank Inflation remained...
19.12.2018
The fall in competitiveness in the economy points to trouble ahead
The Estonian economy will grow by around 3.5% this year and next, and by 2020 growth will slow to...
07.12.2018
Inflation has passed its peak
Sulev Pert Economist at Eesti Pank Consumer price...
07.11.2018
Rising prices for services have started to push prices up strongly
Sulev Pert Economist at Eesti Pank Consumer prices...
05.10.2018
Inflation is staying high this year
Sulev Pert Economist at Eesti Pank Data from...
07.08.2018
Inflation was affected substantially in July by higher prices for motor fuels and electricity
Sulev Pert Economist at Eesti Pank Inflation...
26.06.2018
The Estonian economy is moving from very good times into just good times
Growth in the economy will be around 3.5% in 2018-2019, but it will slow to 2.5% in...
07.06.2018
Prices for motor fuels lifted CPI inflation in May
Sulev Pert Economist at Eesti Pank Energy goods,...
08.05.2018
Yearly inflation remained close to three per cent in April
Sulev Pert Economist at Eesti Pank Rises in excise...
06.04.2018
Inflation fell further in March
Sulev Pert Economist at Eesti Pank Inflation...
07.03.2018
The yearly growth in consumer prices slowed further in February
Sulev Pert Economist at Eesti Pank Inflation...
07.02.2018
Inflation is being held up by a rising oil price and increases in excise
Sulev Pert Economist at Eesti Pank The oil price...
08.01.2018
Price pressures eased off in December
Sulev Pert Economist at Eesti Pank The consumer...
19.12.2017
The Estonian economy is reaching the peak of the growth cycle
The economy is in its best position since the crisis The economy will grow more slowly in the...
07.12.2017
Inflation was faster in November because of motor fuels and food
Sulev Pert Economist at Eesti Pank Inflation was...
07.11.2017
Inflation will be affected in the short term by the rise in the oil price
Sulev Pert Economist at Eesti Pank Higher prices...
06.10.2017
Prices continued to rise rapidly in September
Sulev Pert Economist at Eesti Pank Inflation is...
07.09.2017
Faster inflation is mainly due to food prices
Sulev Pert Economist at Eesti Pank Inflation is in...
07.08.2017
Inflation was at its fastest for four years in July
Sulev Pert Economist at Eesti Pank The rise in the...
10.07.2017
Inflation remained high in June because of rising food prices
Sulev Pert Economist at Eesti Pank Estonia stands...
14.06.2017
Economic growth will get a boost from the need to invest in increasing productivity
Growth in the economy has picked up sharply as foreign demand has increased and the problems in...
07.06.2017
Inflation picked up a little in May
Sulev Pert Economist at Eesti Pank The immediate...
08.05.2017
Inflation in Estonia this year is due to energy prices and rises in excise
Sulev Pert Economist at Eesti Pank Inflation...
07.04.2017
The rise in excise will continue to affect the consumer price index in the months ahead
Sulev Pert Economist at Eesti Pank Oil and...
07.03.2017
Price rises in February were primarily due to higher prices for oil and food
Sulev Pert Economist at Eesti...
07.02.2017
Higher prices for commodities on global markets are passing into consumer prices
Sulev Pert Economist at Eesti Pank Consumer price...
06.01.2017
Inflation was at its fastest of the past three years in December
Rasmus Kattai Economist at Eesti Pank Inflation...
13.12.2016
The capacity for growth in the Estonian economy has contracted
Investment has fallen for three years and this has reduced the potential for growth in the coming...
07.12.2016
Inflation continues to rise
Rasmus Kattai Economist at Eesti Pank The price of...
07.11.2016
The recovery of inflation seen in recent months continued in October
Rasmus Kattai Economist at Eesti Pank Most of the...
07.10.2016
Taxes raised the price level in September
Rasmus Kattai Economist at Eesti Pank Inflation is...
30.09.2016
Increased investment indicates that economic growth may accelerate
Eesti Pank published its review of the Estonian economy in the second quarter on...
07.09.2016
Prices stopped falling in August after declining for more than two years
Rasmus Kattai Economist at Eesti Pank The rise in...
05.08.2016
The price level in July remained unchanged
Rasmus Kattai Economist at Eesti Pank External...
07.06.2016
Prices will stop falling soon
Rasmus Kattai Economist at Eesti Pank The price...
06.05.2016
Cheap oil will lower the price level in the months ahead
Rasmus Kattai Economist at Eesti Pank he fall in...
07.04.2016
The decline in prices in March was the smallest of the year
Rasmus Kattai Economist at Eesti Pank Prices are...
06.04.2016
Estonian economic growth in 2015 was the slowest of the past six years
Real household incomes and sales by companies in the domestic market have increased rapidly, but...
07.03.2016
The price level in Estonia falls under pressure from factors from abroad
Rasmus Kattai Economist at Eesti Pank The main...
05.02.2016
Prices in Estonia are at the level of three years ago
Rasmus Kattai Economist at Eesti Pank In contrast...
28.01.2016
Ardo Hansson: The loss of market share for the Estonian exporting sector indicates there are problems with competitiveness
In a presentation at the annual conference of the Estonian Economic Association, Ardo Hansson,...
08.01.2016
Energy kept prices moving downwards last year
Rasmus Kattai Economist at Eesti Pank 2015 was a...
07.12.2015
Slower fall of prices was broad based in November
Rasmus Kattai Economist at Eesti Pank The fall in...
06.11.2015
Service prices rose but the overall price level continues to decline
Rasmus Kattai Economist at Eesti...
07.10.2015
The factor affecting price levels most is still energy
Rasmus Kattai Economist at Eesti Pank Consumer...
07.09.2015
Falling energy prices keep consumer prices moving downwards
Rasmus Kattai Economist at Eesti Pank Data from...
07.08.2015
The fall in prices fastened as fuel prices declined
Sulev Pert Economist at Eesti Pank Data...
08.07.2015
The fall in prices in June was caused by external factors
Data from Statistics Estonia show that the consumer price index was 0.1% lower in June than a year...
05.06.2015
Deflation has ended after close to a year
Rasmus Kattai Economist at Eesti Pank Data from...
08.05.2015
A cheaper euro will affect inflation in the coming months
Rasmus Kattai Economist at Eesti Pank Data from...
08.04.2015
Inflation in Estonia reflects price developments on global markets
Rasmus Kattai economist at Eesti Pank Data from...
06.03.2015
Deflation slowed in February
Rasmus Kattai Economist at Eesti Pank Data from...
06.02.2015
The sharp fall in energy prices deepened deflation
Rasmus Kattai Economist at Eesti Pank Energy prices...
08.01.2015
The price level in Estonia fell last year
Rasmus Kattai Economist at Eesti Pank Data from...

Sisuleht

26.08.2022
Inflation - frequently asked questions (FAQ)
Why are prices rising so fast? Around half of the increase in the cost of living in...
08.08.2012
The functioning of monetary policy
The central bank is the sole issuer of banknotes and bank reserves, which means that it is the...
08.08.2012
Importance of price stability
Price stability implies avoiding both prolonged inflation and deflation. Inflation is a rise...

Publikatsioonid

29.09.2022
Estonian Economy and Monetary Policy 3/2022
20.06.2022
Estonian Economy and Monetary Policy 2/2022
31.03.2022
Estonian Economy and Monetary Policy 1/2022
22.12.2021
Estonian Economy and Monetary Policy 4/2021
19.06.2020
Estonian Economy and Monetary Policy 2/2020
17.04.2020
Estonian Economy and Monetary Policy 1/2020
19.12.2019
Estonian Economy and Monetary Policy 4/2019
06.12.2019
8/2019 Dmitry Kulikov, Nicolas Reigl. Inflation Expectations in Phillips Curve Models for the Euro Area
17.06.2019
Estonian Economy and Monetary Policy 2/2019
22.12.2017
Estonian Economy and Monetary Policy 4/2017
03.11.2017
11/2017 Theologos Dergiades, Costas Milas and Theodore Panagiotidis. An assessment of the inflation targeting experience
06.09.2016
8/2016 Nicolas Reigl. Forecasting the Estonian Rate of Inflation using Factor Models
15.07.2016
5/2016 Svetlana Makarova. ECB footprints on inflation forecast uncertainty
23.01.2015
1/2015 Lenno Uusküla. Firm turnover and inflation dynamics
22.09.2014
6/2014 Tairi Rõõm and Katri Urke. The Euro changeover in Estonia: Implications for inflation

Kalender

06.10.2022
Eesti Pank on monthly inflation in September 2022
06.09.2022
Eesti Pank on monthly inflation in August 2022
04.08.2022
Eesti Pank on monthly inflation in July 2022
15.05.2022
Deputy Governor Ülo Kaasik participates in the meeting of the Riigikogu’s State Budget Control Select Committee to discuss the impact of inflation and ways to mitigate it
05.05.2022
Eesti Pank on monthly inflation in April 2022
06.07.2022
Eesti Pank on monthly inflation in June 2022
06.06.2022
Eesti Pank on monthly inflation in May 2022
06.04.2022
Eesti Pank on monthly inflation in March 2022
06.03.2022
Eesti Pank on monthly inflation in February 2022
06.02.2022
Eesti Pank on monthly inflation in January 2022
06.01.2022
December inflation comment
06.12.2021
November inflation comment
21.12.2021
PRESS CONFERENCE. Eesti Pank economic policy statement and forecast
04.11.2021
October inflation comment
06.10.2021
Eesti Pank on September inflation
06.09.2021
Eesti Pank on August inflation
05.08.2021
Eesti Pank on July inflation
06.07.2021
Eesti Pank on June inflation
06.06.2021
Eesti Pank on May inflation
07.04.2021
Eesti Pank on March inflation