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Estonia Inflation Rate Falls Further in June

Figures

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The annual inflation rate in Estonia slowed to 2.5% in June from 2.9% in the previous month, data from the Tallinn-based Statistics Estonia (SE) showed on Friday. It was the lowest inflation rate since April 2021.

Prices for food & non-alcoholic beverages added 0.9%, while prices for alcohol & tobacco rose 5.2% and cost for household goods went up by 2.2%.

In addition, health cost increased 8.2%, transport prices advanced 3.7%, prices for education went up by 7.7% and prices for hotels, cafes & restaurants gained 3.2%.

Prices also rose for clothing & footwear (2.5%), communication (10.6%) and recreation & entertainment (5.6%), while declined for housing (-3.4%).

On a monthly comparison basis, consumer prices grew 0.4% in June, following a 0.1% rise in the prior month.

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