Estonian Inflation Is Fastest in 22 Months on Food
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Estonia’s inflation rate climbed more than expected to the highest level in 22 months in October, driven by higher prices for food.
Consumer prices rose 4.7 percent from a year earlier, the biggest increase since December 2008, following a 4 percent rise the previous month, the Tallinn-based statistics office said on its website today. The median estimate of four analysts surveyed by Bloomberg was for an inflation rate of 4.4 percent.