A town in Estonia

Estonia Inflation March 2023

Estonia: Harmonized inflation declines to lowest level since March 2022 in March

Harmonized inflation came in at 15.6% in March, which was down from February’s 17.8%. March’s result marked the lowest inflation rate since March 2022. Looking at the details of the release, prices for food and non-alcoholic beverages increased at a weaker rate in March. In addition, prices for transportation dropped after growing in the previous month. This outweighed stronger price pressures for recreation and restaurants and hotels.

The trend was unchanged, with annual average harmonized inflation coming in at February’s 20.5% in March. Meanwhile, consumer price inflation fell to 15.3% in March, from February’s 17.6%.

Lastly, harmonized consumer prices rose 0.72% in March over the previous month, accelerating from February’s 0.68% increase.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest