Estonian Inflation Was Slowest in Eight Months in June at 4.9%
By Ott Ummelas & Aaron Eglitis -
2011-07-07T05:11:09Z
Estonian consumer-price growth was the slowest in eight months in June as food-price increases eased.
Consumer prices rose 4.9 percent from a year earlier, the Tallinn-based statistics office said on its website today. That compares with a 5.4 percent increase in May. Prices were unchanged on the month in June from the previous period.
Annual inflation may slow from “autumn” as global food prices decline and crop forecasts are improving, the Finance Ministry said last month.
To contact the reporters on this story: Ott Ummelas in Tallinn at oummelas@bloomberg.net Aaron Eglitis in Riga at aeglitis@bloomberg.net
To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net
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