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Prices in Estonia fell by less last year than was expected in the spring Sulev Pert Economist at Eesti Pank Data from Statistics Estonia show that consumer prices were down 0.8% over the year in December. The consumer basket fell in price by 0.4% on average over 2020. The year 2020 will go down in history as the year of the coronavirus pandemic. The economic contractions in countries in Europe were the largest of recent decades despite the measures taken by governments to ease the impact of the crisis and the large-scale intervention of the central banks of the euro area. The economic impact of the coronavirus crisis in Estonia was much less destructive than was estimated in the spring using the information that was available at the time. Prices also fell by less than was expected in consequence, as the central bank had forecast in spring that prices would fall by 1.1%.

Mart siilivaskEesti pankSulev pertStatistics estoniaEesti pank via public prices in estonia fell by less last year than was expected the springபுள்ளிவிவரங்கள் எஸ்டோனியா