In January, consumer prices increased 0.7% over the previous month, which was above the 0.1% rise tallied in December. According to Statistics Estonia, the reading was mainly influenced by more expensive electricity, heat energy and fuels. As a result, annual headline inflation moved up for the first time since August last year, jumping from 3.7% in December to 4.5% in January. Annual HICP inflation (based on the harmonized index of consumer prices) fell from 4.4% in November to 4.1% in December, the latest month for which data are available. For the full year 2011, annual average HICP inflation was 5.1%, which nearly doubled the 2.7% rate registered in 2010. For this year and the next, however, the Central Bank expects HICP inflation to moderate considerably and to average 2.8% and 2.9%, respectively.
Inflation jumps in January
February 7, 2012
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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).