Posts tagged as Deflation

Annual deflation still in place in February

Tuesday, March 9, 2021

Latest data released March 8 from the Central Statistical Bureau (CSB) show that in February 2021, compared to February 2020, the average level of consumer prices decreased by 0.2 %. Prices of goods fell by 0.7 %, while prices of services rose by 0.9 %. “Compared to February 2020, in February 2021 the average level of consumer prices was mainly influenced by the drop in prices of goods and services related to housing, goods and services related to transport,…

Deflation trend continues in November’s figures

Tuesday, December 8, 2020

The latest data of the Central Statistical Bureau (CSB) published December 8 show that in November 2020, compared to November 2019, the average level of consumer prices decreased by 0.7 %. Prices of goods fell by 1.6 %, while prices of services rose by 1.4 %. Compared to November 2019, in November 2020 the average level of consumer prices was mainly influenced by the drop in prices of goods and services related to housing,…

Deflation on year to November influenced by fuel price fall

Monday, December 7, 2020

While the consumer price index (CPI) rose 0.1 percent on month to November, it fell on year by 1.1 percent, state agency Statistics Estonia reports. Falling fuel prices in part resulted from diesel excise duty cuts earlier in the year. A fall in electricity prices also made its effects known. Goods cost 1.2 percent less in November 2020 then November the previous year, while services cost 0.9 percent less over…