Prices increased by 12.2%, over the year, in December. Inflation reached 12% last time in the 1990s. More than half of the price increase came from higher energy prices, mainly electricity. The rise in consumer prices is expected to accelerate…
In 2020, Estonian GDP fell by 2.9% in real terms and 3.4% in nominal terms. The result was close to our expectations – our forecast, published in January, was -2.7%. In addition, GDP results for the first three quarters were…