Estonia Inflation Eases Further in October

Figures

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Estonia's consumer price inflation eased for the second successive month in October, though it remained strong overall, preliminary figures from the Tallinn-based Statistics Estonia (SE) showed on Monday.

Consumer prices climbed 22.5% yearly in October, after a 23.7% rise in September.

A 51.9% jump in energy prices was largely responsible for the elevated inflation in October.

Prices for food and non-alcoholic beverages alone grew 28.0% and transport charges rose 20.5%.

Prices for hotels, cafes, and restaurants increased by 16.6% and those for household goods grew by 16.4%.

On a monthly comparison basis, consumer prices dropped 1.1% from September, when they rose by 0.3%. 

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