Estonia: Consumer prices decline annually for eighth month straight in November
December 7, 2020
Consumer prices climbed 0.12% over the previous month in November, contrasting the 0.51% declined logged in October. The increase was largely driven by a rebound in prices for transport and quicker price growth for housing.
Consumer prices fell 1.1% year-on-year in November, easing from October’s 1.5% drop. Meanwhile, the annual average variation in consumer prices came in at minus 0.2%, down from October’s flat reading. Lastly, harmonized consumer prices slipped 1.3% on an annual basis in November, after declining 1.7% in the prior month.