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
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
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
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
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.
The consumer price index fell by 0.4% in the month of April and was 0.8% lower than a year earlier. Estonia last experienced deflation in 2016. Energy prices were down 9% over the year while food prices rose by 1.2%, but the prices of... more
Data from Statistics Estonia show that the rise in consumer prices slowed in March to 0.9% over the year. The price level dropped by 0.7% over the previous month.
Consumers stockpiled food products and other essentials in the... more
Data from Statistics Estonia show that yearly inflation rose in February to 2%. Inflation was driven by higher prices for services and food products, but was restrained by lower energy prices.
Weakness in global economic activity has... more