Friday, July 6, 2007

Estonia's June Inflation Rate Rises to Near Six-Year High of 5.8 Percent

(Bloomberg) -- Estonia's inflation rate rose in June
to a near six-year high as prices of transportation and food
advanced, raising concern the Baltic economy is overheating.

The annual inflation rate increased to 5.8 percent, the
highest since August 2001, from 5.7 percent in May, the
statistics office said on its Web site today. Monthly price
growth slowed to 0.5 percent from 0.7 percent in May.


Read more at Bloomberg Emerging Markets News

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