In April, consumer prices increased 0.7% over the previous month, following on a 0.8% rise tallied in March. The reading came in above the 0.5% rise registered in April 2010, which saw annual inflation step up to 5.4% (March: 5.2%). At the current level, Estonia's annual inflation is the highest among the 17 countries of the European Monetary Union. The monthly price rise reflected higher food prices (+2.0% month-on-month), which accounted for more than half of April's overall price increase. Meanwhile, annual average HICP inflation (based on the harmonized index of consumer prices) continued to accelerate, stepping up from 4.1% in March to 4.3% in April. For this year, the Central Bank expects HICP inflation to average 3.5%, before moderating to 1.8% in 2012.
Inflation rises again in April, marking a EMU-high
May 6, 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).