Inflation in Estonia
Estonia - Inflation
Inflation unchanged in December
Consumer prices fell 0.3% over the previous month in December, following a 0.2% month-on-month decrease in November. A breakdown by components provided by Statistics Estonia showed that lower prices for housing, alcoholic beverages and tobacco, and clothing and footwear drove the result, more than offsetting higher prices for transport.
Inflation remained at 1.8% in December, unchanged from the prior month. Meanwhile, annual average inflation nudged further down to an over two-year low of 2.3% in December (November: 2.4%).
FocusEconomics panelists project harmonized inflation to average 2.3% in 2020, which is unchanged from last month’s forecast. For 2021, they expect harmonized inflation to also average 2.3%.
Estonia - Inflation Data
|Inflation Rate (CPI, annual variation in %)||2.8||-0.1||-0.5||0.1||3.4|
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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January 8, 2020
Consumer prices fell 0.3% over the previous month in December, following a 0.2% month-on-month decrease in November.
January 3, 2020
Industrial output plummeted 7.2% in annual working-day adjusted terms in November, following the 3.9% year-on-year contraction in October.
December 6, 2019
Consumer prices fell 0.2% over the previous month in November, following a 0.1% month-on-month decrease in October.
December 3, 2019
Industrial output slumped 3.9% in annual working-day adjusted terms in October, following a sharper 4.4% year-on-year contraction in October.
November 8, 2019
Consumer prices fell 0.1% over the previous month in October, following a 0.2% month-on-month decrees in September.