In May, consumer prices increased 0.1% over the previous month, following on a 0.7% rise tallied in April. Although prices in the housing category were up by 0.9% month-on-month, the overall increase was moderated by falling food (-0.2% mom) and transport prices (-0.5% mom). Owing to the subdued price increase and the favourable base effect of May 2010, annual headline inflation remained unchanged from the 5.4% observed in April. At the current level, Estonia's annual inflation is the highest among the 17 countries of the European Monetary Union. Annual average HICP inflation (based on the harmonized index of consumer prices) rose from 4.3% in April to 4.5% in May. For this year, the Central Bank expects HICP inflation to average 3.5%, before moderating to 1.8% in 2012.
Inflation rate remains steady in May
June 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).