Estonia: coalition reaches agreement on measures to ease soaring energy prices

The coalition parties, Reform and Center, reached agreement in principle on measures to alleviate soaring electricity, natural gas and household heating inflation. The government plans to halve the electricity network fee until March 2022 and provide support to low-income households, though still needs confirmation from the competition authority watchdog that it can go ahead. Center…

Estonia: inflation to slow down in 2022

Although prices have increased in the fastest rate of the last 12 years, the inflation is set to slow down next year, the Bank of Estonia assesses. “Our estimates show that price increases will remain between 3% and 4% next year,” the central bank’s economic research department head Martti Randveer said. Data from Statistics Estonia…