Estonian Inflation Accelerates to Fastest in Two Years

Estonia’s inflation rate climbed to the highest in 23 months in November on rising food and energy costs, less than a month before the nation adopts the euro.

Consumer prices advanced 5.3 percent from a year earlier, the biggest increase since December 2008, following a 4.7 percent rise the previous month, the Tallinn-based statistics office said on its website today. In the month, prices rose 0.3 percent.