Estonian inflation rate accelerates in February
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Estonia's consumer price index (CPI) grew 0.6% year-on-year in February, following a 0.2% rise in January,data from Statistics Estonia (SE) showed on Friday.
"Compared to February 2020, the consumer price index was affected the most by 26.7% more expensive electricity that reached homes and by cheaper motor fuel," Viktoria Trasanov, leading analyst at the statistics agency, said.
Diesel fuel prices declined 12.8% and petrol prices fell 4.0%. Transportation cost increased 2.8% annually in February. Prices of food and non-alcoholic beverages gained 0.9% and those of recreation and culture rose 1.5%. Prices for clothing and footwear and alcoholic beverages and tobacco grew 0.8%, each. On month, consumer prices rose 0.9% in February, following a 0.7% increase in the previous month.
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