Inflation in Estonia
Estonia - Harmonized Inflation
Inflation falls to two-year low in January
Consumer prices fell 0.2% from the previous month in January, following December’s 0.3% decrease. A breakdown of the sub-components provided by Statistics Estonia showed that 4 of the total 12 saw a fall in prices, led by clothing and footwear, and transport, which more than offset higher prices for food and housing.
Meanwhile, inflation fell to a two-year low of 2.7% in January, moderating considerably from the previous month’s reading (December: 3.4%). Despite this, annual average inflation remained stable at 3.4% in January. Lastly, harmonized inflation eased to 2.8% in January, from 3.3% in the previous month.
Estonia Inflation Forecast
Met the why particular panelists project harmonized inflation to average 2.8% in 2019, which is unchanged from last month’s forecast. For 2020, they expect inflation to average 2.7%.
Estonia - Harmonized Inflation Data
|Inflation Rate (HICP, annual variation in %)||3.2||0.5||0.1||0.8||3.7|
5 years of economic forecasts for more than 30 economic indicators.
Estonia Harmonized Inflation Chart
Source: Statistics Estonia.
|Exchange Rate||1.12||0.65 %||Mar 11|
|Stock Market||1,251||-0.38 %||Mar 11|
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March 5, 2019
According to Statistics Estonia, annual working day-adjusted industrial production growth slowed from 5.4% in December to 4.7% in January.
March 1, 2019
Detailed national accounts data released by Statistics Estonia on 1 March, showed that growth gained traction at the end of last year.
February 20, 2019
Consumer prices fell 0.2% from the previous month in January, following December’s 0.3% decrease.
February 20, 2019
Estonia is set to hold a parliamentary election on 3 March, in what is expected to be a tightly contested race between the two leading political parties: the opposition Estonian Reform Party and the governing Estonian Centre Party.
February 4, 2019
According to Statistics Estonia, annual working day-adjusted industrial production growth moderated to 5.8% in December from 7.8% in November, which had marked the strongest expansion in 17 months.