08.01.2021
Sulev Pert Economist at Eesti Pank

Data from Statistics Estonia show that consumer prices were down 0.8% over the year in December. The consumer basket fell in price by 0.4% on average over 2020.

The year 2020 will go down in history as the year of the coronavirus... more

07.12.2020
Sulev Pert Economist at Eesti Pank

Data from Statistics Estonia show that consumer prices were down 1.1% over the year in November. Prices for energy were 8% lower than a year earlier and prices for services were down 0.3%, while prices for food products were 0.8% higher.... more

06.11.2020

Sulev Pert Economist at Eesti Pank  

Data from Statistics Estonia show that consumer prices in October were 1.5% lower than a year earlier. Prices have fallen over the year for energy, services and consumption goods, while prices for food... more

07.10.2020
Sulev Pert Economist at Eesti Pank

Data from Statistics Estonia show that consumer prices were down 1.1% over the year in September. The average fall in prices in September in the countries of the euro area was 0.3%. Prices for energy and services fell most, but inflation for... more

07.09.2020
Sulev Pert Economist at Eesti Pank

Data from Statistics Estonia show that consumer prices were 0.9% lower in August than a year earlier. Consumer prices fell for the fifth consecutive month. Prices were down because prices fell for energy and services. Food price inflation is... more

17.08.2020
  Sulev Pert economist at Eesti Pank      

According to Statistics Estonia, year-on-year consumer prices fell by 0.9% in July. Energy prices cheapened by 10%, whereas the price of food products (incl. alcohol and tobacco) went up... more

07.07.2020
Sulev Pert Economist at Eesti Pank

Consumer prices were down 1% over the year in June, but the price level was 0.9% higher than in May.

A large part of the rise over the month came from the electricity price rising, which contributed 0.5 percentage point, while the... more

19.06.2020
The Estonian Economy and Monetary Policy is an Eesti Pank review released four times a year that summarises the main recent events in the global and Estonian economies. Twice a year, in June and December, the review also contains a full forecast for the Estonian economy, while in March and... more
10.06.2020

Estonia is going through a global pandemic with wide-ranging economic consequences that will leave the economy 10% smaller than it was last year if the virus fades away and restrictions are not re-imposed. The economy has already started to recover as the restrictions that have been introduced... more

05.06.2020
Sulev Pert Economist at Eesti Pank

The consumer basket was 1.7% lower in price in May than a year earlier, and 0.7% lower than in the previous month. Prices in the euro area rose by an average of 0.1% in May, as inflation remained modest in several large countries.

... more

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