In February, harmonized inflation fell to 17.8% from January’s 18.6%. Weaker price pressures for food and transport drove the moderation. This year, inflation should more than halve on cooling domestic demand, lower commodity prices and a high base of comparison. That said, it will remain well above the ECB target. Energy price increases pose an upside risk.
Estonia Exchange Rate (USD per EUR, eop) Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Exchange Rate (USD per EUR, eop) | 1.20 | 1.14 | 1.12 | 1.22 | 1.14 |