Inflation in Estonia

Estonia Inflation (eop) | Economic News & Forecasts

Estonia - Inflation (end of period)

Inflation declines to over two-year low in February

Consumer prices rose 0.2% from the previous month in February, compared to January’s 0.2% decrease. A breakdown of the sub-components provided by Statistics Estonia showed that 6 of the total 12 saw a rise in prices, led by transport and food, which more than offset lower prices for housing.

Inflation fell to 2.0% in February, from 2.7% in January, marking the lowest reading since November 2016. Meanwhile, annual average inflation ticked down from 3.4% in January to 3.3% in February. Lastly, harmonized inflation fell to 1.9%, from 2.8% in the previous month.

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 - Inflation (eop) Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %, eop)1.4  -0.5  -0.9  2.2  3.4  

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Estonia Inflation (eop) Chart

Estonia Inflation
Note: Annual variation of harmonized index of consumer prices (HICP) in %.
Source: Statistics Estonia.

Estonia Facts

Exchange Rate1.140.65 %Jan 30
Stock Market1,211-0.38 %Jan 30

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