In this year's CPI calculation, the share of food increased while the share of transport decreased
In Estonia, this year's Consumer Price Index (CPI) shows an increase in the weight of food and non-alcoholic beverages, while the weight of transport has decreased due to reduced spending on cars.
Estonia's Statistical Office has updated the Consumer Price Index (CPI) for this year, reflecting changes in consumer habits and prices. The new methodology, introduced on Monday, shows a higher emphasis on food and non-alcoholic beverages, while transport has been deprioritized. This shift indicates that consumers are spending less on transportation-related costs, likely due to the economic impacts affecting car purchases and maintenance.
The CPI adjustment is made annually, aligning with the dynamic nature of consumer spending. The authorities noted that the index is based on representative products and prices from December 2025, which will be used for calculations throughout the year. Lauri Veski, head of the consumer price statistics service, emphasized that the influence of each individual component on the CPI relies heavily on the weight assigned during this recalibration period, which sets the parameters for the entire year.
These changes in the Consumer Price Index are significant as they reflect broader economic trends and consumer behavior in Estonia. As the cost of living evolves, this update can provide insights into the economic preferences of households, indicating challenges or shifts in priorities such as food security over transportation. This information could prove invaluable for policymakers in understanding how to address the evolving needs of consumers.