Estonia inflation rises in June

Figures

Photo by noppawan09/Shutterstock.com

Estonia's consumer price index (CPI) rose 3.8% year-on-year in June, after a 3.6% rise in May, according to data released by the Tallinn-based Statistics Estonia (SE).

The latest inflation was mainly due to higher prices of motor fuels. Diesel fuel prices grew 21.4% and petrol prices rose by 19.1%. "An increase of 31.4% in the price of electricity that reached homes also had a bigger impact on the index change," Viktoria Trasanov, leading analyst at SE, said.

On a monthly basis, consumer prices gained 1.2% in June, following a 0.9% rise in the previous month. 

ADVERTISEMENT

SME sector investment activity continues to grow Analysis

SME sector investment activity continues to grow

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

New leasing and sales director at Horizon Development Appointments

New leasing and sales director at Horizon Development

Gov't calls for technical screening of László Papp Arena City

Gov't calls for technical screening of László Papp Arena

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.