In October, consumer prices rose 0.2% over the previous month, which was below the 0.5% increase observed in September. According to Statistics Estonia, the increase was mainly influenced by higher prices for food. As a result of the monthly increase, annual headline inflation rose from 3.8% in September to 4.1% in October, the highest level in seven months. Annual HICP inflation (based on the harmonized index of consumer prices), on the other hand, inched down from 4.2% in August to 4.1% in September, the latest month for which data are available. Annual average HICP inflation inched down from 4.5% in August to 4.4% in September. The Central Bank expects HICP inflation to average 3.9% this year and 3.2% in 2013.
Inflation rises in October
November 7, 2012
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Estonia Inflation Chart
Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: Statistics Estonia.
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).