Cost of food in Estonia increased 1.3 percent in September of 2020 over the same month in the previous year, the least since November 2016.
Food Inflation in Estonia averaged 4.81 percent from 1995 until 2017, reaching an all time high of 22.96 percent in July of 1996 and a record low of -6.80 percent in December of 2009. This page provides the latest reported value for - Estonia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Estonia Food Inflation - values, historical data and charts - was last updated on October of 2020.
Food Inflation in Estonia is expected to be 4.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Estonia to stand at 3.70 in 12 months time. In the long-term, the Estonia Food Inflation is projected to trend around 5.00 percent in 2021, according to our econometric models.