Financial News: Estonia Inflation Eases To 2.3%, Lowest Since April

Estonia Inflation Eases To 2.3%, Lowest Since April 2021

07/07/2026 - 04:37:00 (RTTNews)

(RTTNews) - Estonia's consumer price inflation moderated in June to the lowest level in more than five years, preliminary figures from Statistics Estonia showed on Tuesday.

Consumer prices climbed 2.3 percent yearly in June, slower than the 3.7 percent rise in May. Moreover, this was the weakest inflation rate since April 2021, when prices rose 1.9 percent.

The slowdown in inflation was driven by the decrease in prices in more than half of the commodity groups, including food and non-alcoholic beverages, which dropped 1.5 percent from last year. Clothing and footwear prices were 6.3 percent less expensive, and prices for household goods fell 0.5 percent.

Meanwhile, transport costs grew sharply by 7.5 percent due to higher costs for petrol and fuel prices. A 7.6 percent surge was seen in housing-related costs, led by higher prices of electricity and natural gas, which rose by 18.7 percent and 30.8 percent, respectively.

On a monthly basis, consumer prices decreased 0.5 percent after rising 0.4 percent in May.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Trade Surplus Declines (01 hr(s), 03 min(s), 49 sec(s) ago)
(RTTNews) - Australia's trade surplus declined in July due to the fall in exports, data from t ...Full Story»

China Service Sector Growth Improves (01 hr(s), 16 min(s), 49 sec(s) ago)
(RTTNews) - China's services activity grew at a faster pace in August driven by the increase i ...Full Story»

Japan Services PMI Improves To 52.5 - S&P Global (07 min(s), 11 sec(s) ago)
(RTTNews) - The services sector in Japan continued to expand in August, and at a faster pace, the ...Full Story»

Hong Kong Private Sector Slips Into Contraction - S&P Global (03 min(s), 11 sec(s) ago)
(RTTNews) - The private sector in Hong Kong fell into contraction in August, the latest survey fro ...Full Story»

Singapore Private Sector Accelerates In August - S&P Global (11 sec(s) ago)
(RTTNews) - The private sector in Singapore continued to expand in August, and at a slightly faste ...Full Story»

Australia Services PMI Ebbs In August - S&P Global (14 min(s), 11 sec(s) ago)
(RTTNews) - The services sector in Australia continued to expand in August, albeit at a slower pac ...Full Story»

New Zealand Q2 Terms Of Trade Tumbles 9.0% (54 min(s), 11 sec(s) ago)
(RTTNews) - New Zealand's terms of trade dropped a seasonally adjusted 9.0 percent on quarter ...Full Story»

Australia Trade Data Due On Thursday (07 min(s), 11 sec(s) ago)
(RTTNews) - Australia will on Thursday release July figures for imports, exports and trade balance ...Full Story»