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Financial News: Estonia Inflation Accelerates In September

Estonia Inflation Accelerates In September

10/07/2021 - 04:01:00 (RTTNews)

(RTTNews) - Estonia's consumer prices rise in September, data from Statistics Estonia showed on Thursday.

The consumer price index rose 6.6 percent year-on-year in September, following a 5.0 percent growth in August.

"Compared to September 2020, the consumer price index was affected the most by a 74.5 percent increase in the price of electricity that reached homes, contributing a third of the index change," Viktoria Trasanov, leading analyst at Statistics Estonia, said.

Prices for petrol increased 19.0 percent and diesel prices rose 28.5 percent.

On a monthly basis, consumer prices gained 1.2 percent in September, following a 0.7 percent rise in the previous month.

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