Estonian Inflation May Quicken to 4 Percent in 2011, IMF Says

Lock
This article is for subscribers only.

Estonia’s inflation rate may accelerate to 4 percent this year because of rising global food and fuel prices, the International Monetary Fund said.

Core inflation should remain "subdued," the Washington-based lender said in a report on its website today. Consumer prices rose 2.7 percent last year, before the nation adopted the euro on Jan. 1.