Estonia Inflation Increases In November

Estonia's consumer prices rose in November, data from Statistics Estonia showed on Friday.

The consumer price index rose 8.8 percent year-on-year in November, following a 7.0 percent growth in October.

"Compared to November 2020, the consumer price index was affected the most by housing-related price changes, which contributed more than a third of the total rise in the index," Viktoria Trasanov, leading analyst at Statistics Estonia, said.

Prices for petrol increased 28.3 percent and diesel prices rose 40.0 percent.

On a monthly basis, consumer prices grew 1.8 percent in November, after a 0.2 percent decline in the previous month.

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