FX.co ★ Estonia Inflation Eases to 17-Month Low

Estonia’s annual inflation rate eased to 3.1% in February 2026, down from 3.7% in January, reaching its lowest level since September 2024. The slowdown was largely driven by falling prices for clothing and footwear (-5.7% vs -4.9% in January) and for insurance and financial services (-13.3% vs -14.5%).

Price growth also moderated in several major categories, including food and non-alcoholic beverages (5.5% vs 6%), housing (1.5% vs 5.6%), recreation and culture (2.3% vs 3.1%), and restaurants and accommodation services (4.6% vs 5.1%).

By contrast, prices rose at a faster pace for alcoholic beverages and tobacco (7.9% vs 6.2%), healthcare (12% vs 11.7%), and information and communication (1.7% vs -0.1%), while the decline in transport costs narrowed (-0.4% vs -1.5%).

On a monthly basis, consumer prices increased by 0.8% in February, following a 1.0% rise in the previous month.