Friday, the Statistics Estonia announced that the consumer price index or CPI dropped 2.2% year-on-year in October, compared to the 1.6% fall in the previous month.
The consumer price index decreased for the first time by more than 2% on an annual basis, the statistical office said. Food and non-alcoholic beverages prices fell 6.6% in October, while clothing and footwear prices rose 0.9%. Transport charges were down 3.1%.
On a monthly basis, the CPI declined 0.1% in October, after falling 0.2% in September.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.