Estonia Inflation Eases Further in May
Photo by xtock / Shutterstock.com
Estonia's consumer price inflation eased for the fourth straight month in May to the lowest level in a year, though it remained strong overall, preliminary figures from Statistics Estonia (SE) showed on Wednesday.
The consumer price index (CPI) rose 11.3% year-on-year in May, which was slower than the 13.5% gain in April.
The CPI was influenced the most by the 20.4% price increase of food and non-alcoholic beverages, which accounted for two-fifths of the total rise, Viktoria Trasanov, an analyst of SE, said.
Household goods costs grew 13.6% annually in May. Prices for miscellaneous goods and services rose 16.5%, while transport charges dropped 3%.
On a monthly basis, consumer prices showed zero percent change in March, after a 2.0% gain in April.
ÁKK Sells HUF 50 bln of Bonds at Auction, Over Plan
Hungary to Address Future of Cohesion Policy During EU Presi...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
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.
