In December, consumer prices increased 0.1%, thereby matching the rise registered in November. The result mainly reflected higher transport and food prices, which were partially offset by falling prices in the alcohol and tobacco category. Annual headline inflation eased in the last month of 2011 and fell from 4.2% in November to 3.7% in December, its slowest pace since August 2010. Annual HICP inflation (based on the harmonized index of consumer prices) fell from 4.4% in November to 4.1% in December. For the full year 2011, annual average HICP inflation was 5.1%, well above the 2.7% 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 moderates in December
January 6, 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).