Inflation in Estonia
Estonia - Inflation
Inflation comes in at highest level since July 1996 in June
Consumer prices rose 2.73% in June over the previous month, picking up from the 1.92% rise seen in May. The reading was driven by rising prices for transportation.
Inflation came in at 21.9% in June, which was up from May’s 20.0%. June's result was the highest inflation rate since July 1996. Meanwhile, the trend pointed up, with annual average inflation coming in at 12.1% in June (May: 10.5%). Lastly, harmonized inflation remained the highest in the euro zone, rising to 22.0% in June from the previous month's 20.2%.
FocusEconomics panelists see harmonized inflation averaging 12.3% in 2022, which is up 1.2 percentage points from last month’s forecast, and 4.1% in 2023.
Estonia - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-0.5||0.1||3.4||3.4||2.3|
5 years of economic forecasts for more than 30 economic indicators.
Estonia Inflation Chart
Source: Statistics Estonia.
|Exchange Rate||1.12||0.65 %||Dec 31|
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July 7, 2022
Consumer prices rose 2.73% in June over the previous month, picking up from the 1.92% rise seen in May.
July 4, 2022
Industrial output rose 4.8% year-on-year in seasonally- and calendar-adjusted terms in May, which was above April's 4.0% increase.
June 7, 2022
Consumer prices increased 1.92% in May over the previous month, a smaller increase than April's 3.56% rise.
June 2, 2022
Industrial production rose 3.8% year-on-year in seasonally- and calendar-adjusted terms in April (March: +7.9%).
May 6, 2022
Consumer prices rose 3.56% over the previous month in April, accelerating from March's 2.67% increase.