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Estonia Inflation September 2020

Estonia: Consumer prices decline annually again in September

Consumer prices declined 0.29 over the previous month in September, contrasting the 0.64% rise logged in August. The fall was primarily driven by lower prices for transport, and food and non-alcoholic beverages.

Consumer prices dropped 1.1% year-on-year in September, slightly more than August’s 0.9% fall. Meanwhile, annual average inflation came in at 0.3% (August: 0.5%). Lastly, harmonized consumer prices dipped 1.3% on an annual basis for the third month running in September.

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