Interest Rate in Estonia
Estonia - Interest RateFollowing a return to pre-pandemic levels in Q2, the economy likely lost some momentum in Q3, partly due to a less favorable base effect. Accordingly, available data is somewhat downbeat: Industrial production lost significant steam in the quarter. Meanwhile, despite improving slightly in sequential terms, foreign arrivals remained down on an annual basis in July–August. On a brighter note, international tourism doubled year-on-year in September, while unemployment was lower and economic sentiment rose slightly in Q3. Moving forward, the fourth quarter seemingly had a rough start, marked by rising Covid-19 infection rates, with new daily cases peaking in early November. In other news, on 4 November the government approved a USD 88 million aid package to support consumers facing higher energy prices.
Estonia - Interest Rate Data
|Policy Interest Rate (%)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Estonia Interest Rate Chart
Source: European Central Bank.
|Exchange Rate||1.12||0.65 %||Dec 31|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
November 30, 2021
GDP growth slowed markedly to 8.6% year-on-year in the third quarter, from 13.0% in the second quarter, albeit largely due to a less favorable base effect. The slowdown was driven by weakening private consumption, fixed investment and exports.
November 5, 2021
Consumer prices fell 0.15% in October over the previous month, contrasting September's 1.22% increase.
November 1, 2021
Industrial output expanded 8.9% year-on-year in seasonally- and calendar-adjusted terms in September, which followed August's 4.4% increase.
Estonia: Inflation comes in at highest level since December 2008 in September amid higher electricity prices
October 7, 2021
Consumer prices rose 1.22% in September over the previous month, picking up from August's 0.72% rise.
October 1, 2021
Industrial output grew 4.4% year-on-year in seasonally- and calendar-adjusted terms in August, which followed July's 9.3% increase.