FOREX TradingCharts.com

Financial News: Estonia Inflation Accelerates Further

Estonia Inflation Accelerates Further

08/05/2022 - 04:44:00 (RTTNews)

(RTTNews) - Estonia's consumer price inflation increased for a sixth month in a row in July, largely driven by higher costs for housing and food, preliminary figures from Statistics Estonia showed on Friday.

Consumer prices increased 22.8 percent yearly in July, following a 21.9 percent rise in June.

"Compared to July 2021, the consumer price index was affected the most by housing-related price changes, which contributed over 40 percent of the total rise," Viktoria Trasanov, a leading analyst at Statistics Estonia, said.

Housing costs alone grew 68.2 percent annually in July. Electricity costs for homes surged 142.9 percent and heating prices jumped 62.7 percent. Gas was 235.4 percent expensive and solid fuel prices soared 80.1 percent.

Transport costs surged 28.7 percent July and prices for hotels, cafes and restaurants increased 22.1 percent.

Prices for food and non-alcoholic beverages rose 19.7 percent and those for household goods gained 14.3 percent.

Cost of goods increased 17.7 percent yearly in July and that of services grew 33.1 percent.

On a monthly basis, consumer prices rose 1.9 percent in July, after a 2.7 percent growth in the prior month.

The biggest monthly impact came from the housing and food-related price increases. Electricity was 15.0 percent and gas 22.5 percent more expensive compared to the previous month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


RBA Minutes On Tap For Tuesday (03 hr(s), 18 min(s), 50 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its monetary po ...Full Story»

Swiss Producer And Import Price Inflation Slows In July (08 hr(s), 48 min(s), 50 sec(s) ago)
(RTTNews) - Switzerland's producer and import prices increased at a softer pace in July, data ...Full Story»

U.S. Housing Market Index Unexpectedly Drops To Two-Year Low In August (10 hr(s), 35 min(s), 50 sec(s) ago)
(RTTNews) - A report released by the National Association of Home Builders on Monday unexpectedly ...Full Story»

New York Manufacturing Index Unexpectedly Indicates Contraction In August (11 hr(s), 19 min(s), 50 sec(s) ago)
(RTTNews) - New York manufacturing activity has unexpectedly seen a substantial contraction in the ...Full Story»

Slovakia Inflation Rises Slightly In July (12 hr(s), 21 min(s), 50 sec(s) ago)
(RTTNews) - Slovakia's consumer price inflation accelerated marginally in July, but remained a ...Full Story»

New York Manufacturing Index Unexpectedly Turns Negative In August (12 hr(s), 37 min(s), 50 sec(s) ago)
(RTTNews) - New York manufacturing activity has unexpectedly seen a substantial contraction in the ...Full Story»

Norway Trade Surplus Rises In July (12 hr(s), 50 min(s), 50 sec(s) ago)
(RTTNews) - Norway's trade surplus expanded in July compared to the previous year as exports i ...Full Story»

Ireland Trade Surplus Falls In June (13 hr(s), 09 min(s), 50 sec(s) ago)
(RTTNews) - Ireland's trade surplus decreased in June from a year ago, as imports grew more ra ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

RBA Minutes On Tap For Tuesday

08/15/2022 - 18:00 PM (RTTNews)
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its monetary po ...Full Story>>

Swiss Producer And Import Price Inflation Slows In July

08/15/2022 - 12:30 PM (RTTNews)
(RTTNews) - Switzerland's producer and import prices increased at a softer pace in July, data ...Full Story>>

U.S. Housing Market Index Unexpectedly Drops To Two-Year Low In August

08/15/2022 - 10:43 AM (RTTNews)
(RTTNews) - A report released by the National Association of Home Builders on Monday unexpectedly ...Full Story>>

New York Manufacturing Index Unexpectedly Indicates Contraction In August

08/15/2022 - 09:59 AM (RTTNews)
(RTTNews) - New York manufacturing activity has unexpectedly seen a substantial contraction in the ...Full Story>>

Slovakia Inflation Rises Slightly In July

08/15/2022 - 08:57 AM (RTTNews)
(RTTNews) - Slovakia's consumer price inflation accelerated marginally in July, but remained a ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.