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

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

08.05.2020
Sulev Pert Economist at Eesti Pank

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

07.04.2020
Sulev Pert Economist at Eesti Pank

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

06.03.2020
Sulev Pert Economist at Eesti Pank

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

07.02.2020
Sulev Pert Economist at Eesti Pank

Data from Statistics Estonia show that the yearly rise in the price of the consumer basket slowed to 1.6% in January. Consumer prices were 0.4% lower in January than they were in December. The fall in prices over the month was due to cheaper... more

06.12.2019
Sulev Pert Economist at Eesti Pank

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

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