Thursday, June 7, 2007

Estonian May Inflation Rate Rises, Moving Nation Further From Euro Goal

(Bloomberg) -- Estonia's inflation rate rose in May,
driven by fuel and housing costs, moving the Baltic state further
from its goal of adopting the euro.

The annual inflation rate increased to 5.7 percent from 5.5
percent in April, the statistics office based in the capital
Tallinn said on its Web site today. Prices rose a monthly 0.7
percent, with transport costs rising 2.5 percent from April.


Read more at Bloomberg Emerging Markets News

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