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Estonia Inflation Eases in April

Figures

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Estonia's consumer price inflation eased for the third straight month in April to the lowest level in more than a year, though it remained strong overall, preliminary figures from the Tallinn-based Statistics Estonia (SE) showed on Monday.

The consumer price index (CPI) climbed 13.5% year-on-year in April, slower than the 15.3% gain in March.

This was the weakest rate of inflation since February 2022, when prices had risen 12%.

Prices of food and non-alcoholic beverages increased the most by 23.4%, followed by a 16.6% rise in housing costs. Prices for miscellaneous goods and services grew 16.0%, while transport charges went up only 0.5%.

On a monthly basis, consumer prices rose 2.0% in April, after a 0.7% gain in the prior month.

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