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Estonia inflation steady at 5% in August

Figures

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Estonia's consumer prices remained stable in August, data from Tallinn-based Statistics Estonia (SE) showed on Tuesday.

The consumer price index (CPI) rose 5.0% year-on-year in August, same as in July. The latest inflation was mainly due to higher prices of housing services. "The electricity that reached homes was 38.8% and rent 13.5% more expensive," Viktoria Trasanov, leading analyst at the statistics agency said.

Prices for petrol increased 15.7% and diesel prices rose 22.7%. By contrast, prices fell for clothing and footwear by 1.1% and communications by 2.4%.

On a monthly basis, consumer prices were up 0.7%, easing from a 1.1% increase in the prior month. 

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