Estonia Inflation Eases Further in October

Figures

Image by AlexLMX/Shutterstock.com

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%. 

ADVERTISEMENT

SMEs More Pessimistic Analysis

SMEs More Pessimistic

India's G20 Presidency, Dawn of New Multilateralism - Narend... World

India's G20 Presidency, Dawn of New Multilateralism - Narend...

Production Resumes at Ganz's Szolnok Plant Manufacturing

Production Resumes at Ganz's Szolnok Plant

TikTok Commits to Improved Consumer Communication in Hungary Social

TikTok Commits to Improved Consumer Communication in Hungary

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.