Estonia’s annual inflation rate came in at 5% in August of 2021, unchanged from July's near 10-year high, due to a faster rise in prices of food & non-alcoholic (2.2% vs 1.2%), household goods (5.4% vs 3.5%), miscellaneous goods & services (3.1% vs 1.9%), recreation and culture (4.9% vs 4.3%). Prices continued to increase for housing (12.2% vs 14.0%), transport (10.5% vs 11.7%), cafes and restaurants (7.9% vs 8.0%). By contrast, prices fell for clothing and footwear (-1.1% vs 0.1%), communications (-2.4% vs -2.4%). On a monthly basis, consumer prices were up 0.7%, easing from a 1.1% increase in the prior month. source: Statistics Estonia
Inflation Rate in Estonia averaged 3.14 percent from 1999 until 2021, reaching an all time high of 11.44 percent in June of 2008 and a record low of -2.17 percent in October of 2009. This page provides - Estonia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Inflation Rate in Estonia is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Estonia Inflation Rate is projected to trend around 1.80 percent in 2022 and 2.20 percent in 2023, according to our econometric models.