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Estonia Inflation November 2020

Estonia: Consumer prices decline annually for eighth month straight in November

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.

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