empty
 
 

2020.06.0506:45:00UTC+00Estonia Consumer Prices Fall For Second Month

Estonia's consumer prices declined for the second straight month in May, data from Statistics Estonia showed on Friday.

The consumer price index fell 1.7 percent year-on-year in May, following a 0.8 percent decrease in April.

"The last time the change of the consumer price index in comparison with the same month of the previous year was so substantial was more than ten years ago in December 2009, when it was also -1.7 percent," Statistics Estonia analyst Viktoria Trasanov, said.

Consumer prices were affected the most by price decrease in motor fuel. Petrol decreased 18.0 percent and diesel fuel was 26.8 percent cheaper.

Electricity and energy prices together declined 9.3 percent, while prices of food and non-alcoholic beverages grew 2.5 percent.

On a monthly basis, consumer prices fell 0.7 percent in May, following a 0.4 percent decline in the previous month.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback