Top
image credit: Adobe Stock

Estonia Inflation Jumps To 19.4% In 2022

January 6, 2023

Category:

Estonia’s consumer price inflation accelerated sharply in 2022, mainly due to higher housing-related prices, while price growth slowed in December, preliminary figures from Statistics Estonia showed on Friday.

Consumer price inflation surged to 19.4 percent in 2022 from 4.6 percent in 2021.

The latest growth in inflation was mainly influenced by higher housing-related prices in 2022, which accounted for two-fifths of the total increase, Viktoria Trasanov, the lead analyst of the Statistics Office, said.

Read More on Markets Insider