Inflation in Estonia

Estonia Harmonized Inflation | Economic News & Forecasts

Estonia - Harmonized Inflation

Inflation moderates in September

Consumer prices fell 0.2% over the previous month in September, contrasting a 0.7% month-on-month increase in August. A breakdown by components showed that lower the prices for transport, housing, and food and non-alcoholic beverages more than offset significantly higher prices for clothing and footwear.

Inflation fell to 2.2% in September, from 2.4% in August. Meanwhile, annual average inflation ticked down to 2.8% from 2.9% in July.

FocusEconomics panelists project harmonized inflation to average 2.5% in 2019, which is unchanged from last month’s forecast. For 2020, they expect inflation to also average 2.5%, which is down 0.1 percentage points from last month’s forecast.

Estonia - Harmonized Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (HICP, annual variation in %)3.2  0.5  0.1  0.8  3.7  

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Estonia Harmonized Inflation Chart

Estonia Inflation
Note: Annual variation of harmonized index of consumer prices (HICP) in %.
Source: Statistics Estonia.

Estonia Facts

Exchange Rate1.100.65 %Sep 04
Stock Market1,235-0.38 %Sep 04

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