A town in Estonia

Estonia Inflation April 2023

Estonia: Harmonized inflation falls to over one-year low in April

Harmonized inflation came in at 13.2% in April, which was down from March’s 15.6%. April’s result represented the lowest inflation rate since February 2022. Looking at the details of the release, prices for food and non-alcoholic beverages grew at a weaker pace in April. Housing and utilities price growth also moderated. In contrast, prices for transportation rebounded.

In addition, the trend pointed down, with annual average harmonized inflation coming in at 20.0% in April (March: 20.5%). Meanwhile, consumer price inflation fell to 13.5% in April, from the previous month’s 15.3%.

Finally, harmonized consumer prices increased 1.93% in April over the previous month, picking up from March’s 0.72% rise. April’s result was the highest reading since August 2022.

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