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
Statistics Estonia says that the consumer basket in Estonia was 3.6% more expensive in August than it was a year ago. Higher oil price and rapid wage growth raise prices in general. As the summer was unfavourable for farmers, food prices may... more
- Inflation slowed to 3.5% in July
- Prices continued to rise rapidly for alcohol even without the effect of higher excise
- Seasonal discounts for manufactured goods offset higher prices for services
- ... more
- Prices of energy and services rose by most over the month
- The electricity bill for a household with average electricity consumption may be 4-8 euros higher in the winter months
- Prices for services rose because of... more
- Energy goods, meaning motor fuels, electricity and solid fuels, rose most in price in the year to May
- Food price inflation is coming down, albeit slowly
- The general slowing of inflation that started at the end of... more
- Rises in excise have made the inflation rate in Estonia one of the highest in the euro area
- The price of electricity has been very volatile and inflation in it slowed to 7% in April
- Inflation this year will be close... more
- Inflation slowed from 3.1% to 2.8% in March
- Inflation for primary goods affects poorer households particularly
- Economic growth in the external environment is gathering momentum and this will lead to higher inflation... more