Estonia: Inflation picks up in April
May 8, 2017
Consumer prices rose 0.3% in April compared to the previous month, matching the reading observed in March. According to Statistics Estonia (SE), the monthly reading mainly reflected higher prices in 5 of the 12 categories of the index, including hotels, cafés and restaurants and education.
In April, inflation increased from 2.8% in March to 3.2%. Meanwhile, annual average inflation edged up from 1.0% in March to 1.3% in April.
HICP inflation jumped from 3.0% in March to 3.5% in April, the highest print since August 2013. Average HICP inflation edged up from 1.5% in March to 1.8% in April, an almost two-year high.