Estonia inflation steady in December
Image by AlexLMX/Shutterstock.com
Estonia’s consumer price inflation remained stable in December, data from Statistics Estonia (SE) shows. The consumer price index rose 1.8% year-on-year in the last month of the year, the same as in November.
Photo by AlexLMX/Shutterstock.com
Inflation was mainly affected by transport, where price growth was driven by a double-digit increase in petrol prices and a 6% rise in the price of diesel, SE said on January 8.
On a monthly basis, consumer prices fell 0.3% in December, following a 0.2% decline in the previous month. Prices decreased for the fourth consecutive month.
In 2019, the average annual inflation slowed to 2.3% from 3.4% in both 2018 and 2017. Inflation was at its lowest since 2016, when it was 0.1%.
The consumer price index was affected most by food and non-alcoholic beverages in 2019, Statistics Estonia said.
MET Group Records 2nd Most Profitable Year in 2023
Hungary to Address Future of Cohesion Policy During EU Presi...
AI may Save Hungarian Healthcare, Says Leading Doctor
Time Out Market to Open in Budapest Next Year
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.
