Data from Statistics Estonia show that yearly growth in prices picked up to 1.8% in November. A similar slight rise in inflation was also felt in other euro area countries. Consumer prices in Estonia were 0.2% lower than in the previous... more
The yearly growth in the Estonian consumer price index slowed from 2.2% in September to 1.6% in October. Inflation fell because prices fell for energy and rose more slowly than previously for food products.
Inflation was lower in... more
According to Statistics Estonia, consumer prices were up 2.2% from last year in September. Price hikes are declining however, both in the euro area and in Estonia. Inflation in the euro area fell from 1% in August to 0.9% in September, but... more
Consumer prices were up 2.4% on a year earlier in August. Inflation was slowed most by energy prices, but pushed up by rising prices for services.
Energy prices mainly fell because the oil price fell on global markets, but the... more
The price level in Estonia in July was 2.1% higher than a year earlier, but was 0.1% lower than in June. The cut in the excise on alcohol had a substantial impact on this. Inflation has also weakened in foreign markets.
The lower... more
Consumer prices were on average 2.4% higher in June than a year earlier. Inflation, which had been 3.1% in May, was brought down by energy prices rising more slowly. Prices will start to be affected in July by the cut in the rate of excise... more
The Estonian economy will grow by 3.3% this year and 2.1% next. Growth in the economy will slow as export markets are weaker than before and there are still shortages of labour in Estonia. Wages will continue to rise despite the slower economic growth, but they will do so at a lower rate. Rising... more
The consumer basket of Estonian consumers was up in price by 3.1% over the year in May, while inflation in the euro area was only 1.2%. Prices rose faster in Estonia than in the euro area for both goods and services.
Prices are... more
Eesti Pank and the Estonian Debating Society staged a debate today in the Sütevaka Gümnaasium school in Pärnu, in which school students analysed whether inflation is helpful or harmful for an economy.
Deputy Governor of Eesti Pank Madis Müller said the aim of the debate was to get school... more