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Estonia Inflation Eases In December

Estonia’s consumer price inflation eased in December after accelerating in the previous two months, data from Statistics Estonia showed Monday.

The consumer price index climbed 3.4 percent year-over-year in December, slower than November’s 4.2 percent increase. The measure has been rising since August last year.

Prices of food and non-alcoholic beverages grew 6.3 percent annually in December and clothing and footwear prices advanced by 3.6 percent.

On a monthly basis, consumer prices dropped 0.3 percent from November, when it rose by 0.5 percent.

Consumer prices increased 3.4 percent in 2017 compared to the average of 2016.

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