logo
Plus   Neg
Share
Email

Estonia Inflation Slows In November

Estonia's consumer price inflation eased in the month of November for the first time in four months, data from Statistics Estonia showed on Friday.

Inflation fell to 3.4 percent in November from 4.4 percent in October, which was the highest since early 2012. In September, inflation was 3.7 percent.

The consumer price index was mostly affected by electricity, gas and other fuels which contributed nearly one third of the total increase, the agency said. Electricity prices surged 16.9 percent.

Among components, the biggest increase was in housing that logged an 8.6 percent increase. In communication, prices declined 4.6 percent.

In November, consumer price index dropped 0.5 percent from the previous month, entirely erasing the similar size gain seen in October.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT