Cost of food in Estonia increased 4.4 percent in July of 2019 over the same month in the previous yea, the highest since February last year. 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.
Food Inflation in Estonia is expected to be 4.00 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 4.30 in 12 months time. In the long-term, the Estonia Food Inflation is projected to trend around 5.00 percent in 2020, according to our econometric models.