Estonia inflation rate for 2023 was 9.16%, a 10.24% decline from 2022.
Estonia inflation rate for 2022 was 19.40%, a 14.75% increase from 2021.
Estonia inflation rate for 2021 was 4.65%, a 5.1% increase from 2020.
Estonia inflation rate for 2020 was -0.44%, a 2.72% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
