Estonia's consumer price inflation increased for the first time in four months in March amid higher fuel costs caused by the Middle East crisis, preliminary figures from Statistics Estonia showed on Tuesday.
Consumer prices climbed 3.6 percent yearly in March, faster than the 3.1 percent rise in February.
"Diesel fuel and petrol prices have risen to record levels due to the armed conflicts in the Middle East, and this had a significant impact on the consumer price index for March," Lauri Veski, statistician at Statistics Estonia, said.
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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.