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Estonia Sept. Consumer Prices Drop Further

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Wednesday, the Statistics Estonia announced that the consumer price index or CPI dropped 1.6% year-on-year in September, compared to the 0.9% fall in the previous month.

This was the first time the consumer price index decreased by more than 1% on an annual basis, the statistical office said. The fall in CPI was mainly influenced by decrease of food and motor fuel prices by 6.9% and 11.4%, respectively in September.

Month-on-month, the CPI decreased 0.2% in September, after a flat reading in the previous month.

Wednesday, the Statistics Estonia announced that the consumer price index or CPI dropped 1.6% year-on-year in September, compared to the 0.9% fall in the previous month. (Market News Provided by RTTNews)

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