Estonia consumer prices fall further in July
Estoniaʼs consumer prices continued to decline in July, data from Statistics Estonia (SE) showed on Friday. The consumer price index (CPI) fell 0.9% year-on-year in July, following a 1% decrease in June.
Consumer prices were affected the most by a price decrease in motor fuel, the Tallinn-based statistics agency said.
Petrol prices decreased 7.7% and diesel fuel was 23.7% cheaper. Prices of transportation declined 3.7% yearly in July and those of housing fell 5.7%. Prices for alcoholic beverages and tobacco fell 1%.
Meanwhile, prices for education grew 3.7% and those for clothing and footwear increased 3.2%. Prices for food and non-alcoholic beverages rose 2.4%.
On a monthly basis, consumer prices remained unchanged in July, after a 0.9% rise in the previous month.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.