Inflation in Estonia
Estonia - Inflation (end of period)
Inflation inches down in May
Consumer prices rose 0.2% from the previous month in May, decelerating markedly from April’s 1.3% rise—which had marked the strongest monthly increase in over two years. A breakdown of the sub-components provided by Statistics Estonia showed that 8 of the total 12 saw a rise in prices, led by hotels, cafes and restaurants, health, and food products, which more than offset marginally lower prices for transport.
Inflation ticked down from 3.2% in April to 3.1% in May. Meanwhile, annual average inflation remained unchanged at the previous month’s 3.3% in May. Lastly, harmonized inflation inched down from 3.2% in April to 3.1% in May.
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 average 2.6%.
Estonia - Inflation (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||1.4||-0.5||-0.9||2.2||3.4|
5 years of economic forecasts for more than 30 economic indicators.
Estonia Inflation (eop) Chart
Source: Statistics Estonia.
|Exchange Rate||1.13||0.65 %||Jul 11|
|Stock Market||1,276||-0.38 %||Jul 11|
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June 14, 2019
Consumer prices rose 0.2% from the previous month in May, decelerating markedly from April’s 1.3% rise—which had marked the strongest monthly increase in over two years.
June 4, 2019
Industrial production fell 0.4% in annual working-day adjusted terms in April, contrasting a healthy 2.3% increase in March and marking the first contraction since November 2017.
May 31, 2019
Economic growth clocked in at 4.5% in year-on-year terms in Q1 2019, picking up slightly from the 4.3% acceleration recorded in Q4 2018, according to a detailed GDP release by Estonia’s Statistical Institute.
May 10, 2019
Consumer prices rose 1.3% from the previous month in April, accelerating markedly from March’s 0.3% uptick and marking the strongest monthly increase in over two years.
April 30, 2019
Industrial production growth fell from 4.0% in February to a five-month low of 2.4% in March, in annual working-day adjusted terms.