The annual inflation rate in Estonia eased to 11.3% in May 2023, the lowest reading since January 2022 and from 13.5% in the previous month. Prices mainly slowed for food & non-alcoholic beverages (20.4% vs 23.4% in April), clothing & footwear (11.4% vs 13.1%), housing (12.4% vs 16.6%) and household goods (13.6% vs 15%). In addition, costs declined for transport (-3% vs 0.5%), due to the reduction in motor fuel prices. On a monthly basis, the CPI stalled, following a 2% advance in April. source: Statistics Estonia
Inflation Rate in Estonia averaged 4.09 percent from 1999 until 2023, reaching an all time high of 24.80 percent in August of 2022 and a record low of -2.17 percent in October of 2009. This page provides - Estonia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
Inflation Rate in Estonia is expected to be 9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.