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
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
Statistics Estonia finds that prices rose by 1.3% in a month in Estonia and yearly inflation reached 3.2%. Half of the month-on-month price increase was contributed by three product groups, which were motor fuels, vegetables and air tickets... more
Data from Statistics Estonia show that consumer prices were 2.3% higher in March than a year earlier. Inflation has been slowed in recent months by the price level of electricity, which fell 11% in two months. At the same time, inflation has... more
Data from Statistics Estonia show that yearly inflation slowed in February to 2%, meaning it was 0.8 percentage point lower than in January. Inflation was mainly slowed by external factors like slower growth in the global economy and... more
Data from Statistics Estonia show that yearly inflation slowed in January to 2.7%. Preliminary assessments show that inflation in the euro area stood at 1.4% at the same time.
Inflation was notably lower in January than in the... more
Inflation remained high in 2018 in Estonia. Prices in Estonia rose at twice the average rate for the euro area, averaging 3.4% over the year. The main cause of inflation in Estonia and in the euro area as a whole was the rise in the price of... more
Consumer price inflation in Estonia in November was 3.4%. It hit a peak of 4.4% in October and has shown signs of coming down over several months. The rate of inflation fell primarily because crude oil prices fell on global markets, which... more
Consumer prices were 0.5% higher in October than in the previous month, and 4.4% higher than a year earlier. Accelerating inflation for services, which is related to rising wages, has started to push prices up strongly, and so inflation will... more
Data from Statistics Estonia show the yearly growth in consumer prices to have accelerated further in September. The largest contributors over the year have been the prices of motor fuels and electricity. Inflation has also been boosted this... more