In September, consumer prices increased 0.5%, which was above the 0.3% rise observed in August. The result mainly reflected price increases in the transport and housing categories, which were offset to some extent by falling food prices. Annual headline inflation fell from 5.5% in August to 5.2% in September. Annual HICP inflation (based on the harmonized index of consumer prices) eased from 5.6% in August to 5.4% in September. Despite the drop, Estonia's harmonized inflation rate remains the highest among the 17 countries of the European Monetary Union. Moreover, the trend continues to point upwards, with annual average HICP inflation climbing from 5.1% in August to 5.2% in September. For this year, the Central Bank expects HICP inflation to average 4.7%, before moderating to 2.5% in 2012.
Inflation decelerates in September
October 7, 2011
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Estonia Economic News
October 14, 2016
In September, consumer prices inched up from a 0.1% month-on-month increase in August to 0.2%.
September 30, 2016
According to Statistics Estonia, industrial production expanded a working-day adjusted 1.0% over the same month last year in August, which came in below the 2.2% increase registered in July.
September 8, 2016
In the second quarter, the economy expanded a modest 0.8% over the same quarter of the previous year, according to the revised data published by Statistics Estonia (SE) on 8 September.
September 7, 2016
In August, growth in consumer prices inched up from a flat reading in July to 0.1%.
August 31, 2016
According to Statistics Estonia, industrial production expanded a working-day adjusted 2.2% over the same month last year in July, which contrasted the revised 3.6% contraction registered in June (previously reported: -4.6% year-on-year).