In February, consumer prices increased 0.6% over the previous month, which contrasted the flat reading tallied in January and came in higher than the 0.2% rise registered in February 2010. The monthly rise reflected higher food prices, which accounted for more than half the overall price increase. Owing to February's pronounced price increase, annual inflation stepped up from 5.3% in January to 5.7%. Meanwhile, annual average HICP inflation (based on the harmonised index of consumer prices) accelerated from 3.3% in January to 3.7% in February. For this year, the Central Bank expects HICP inflation to average 3.5% before moderating to 1.8% in 2012.
Higher food prices see inflation rising in February
March 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).