The latest data released on April 5, 2024, shows that Estonia's Consumer Price Index (CPI) for March 2024 has decreased to 3.9%, down from the previous month's figure of 4.2% in February 2024. This represents a slight slowdown in the pace of inflation in Estonia. The comparison period is year-over-year, indicating that the 3.9% CPI for March 2024 is in comparison to the same month a year ago.
While the decrease in CPI may provide some relief, economists are closely monitoring the situation to assess the overall impact on Estonia's economy. This development in the CPI is essential for policymakers and businesses to understand the changing economic landscape and make informed decisions moving forward.