In September, consumer prices rose 0.5% over the previous month, which mirrored the increase observed in August. According to Statistics Estonia, the increase was mainly influenced by higher prices for clothing and footwear as well as for motor fuel. Despite the monthly increase, annual headline inflation remained unchanged at August's 3.8%. Annual HICP inflation (based on the harmonized index of consumer prices), on the other hand, inched up from 4.1% in July to 4.2% in August, the latest month for which data are available. Annual average HICP inflation edged down from 4.6% in July to 4.5% in August. The Central Bank expects HICP inflation to average 3.9% this year and 3.2% in 2013.
Inflation stabilizes in September
October 5, 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).