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Estonian quarterly inflation rises
Estonia's consumer price index (CPI) rose 1.6 per cent in the third quarter of 2008, according to statistics released Monday.
Prices in the Baltic nation rose by 10.9 per cent compared to the previous third quarter.
The latest figures were mainly influenced by price increases of alcoholic beverages and tobacco, but were mollified by decreases in the price of fresh vegetables.
Estonia's annual inflation currently stands at 10.5 per cent, but appears to be on a downward trend after peaking earlier this year.
Figures released on the same day showed that producer prices remained unchanged from August to September and were up 6.3 per cent compared to September last year.
Source http://monstersandcritics.com/news/business/news/article_143~
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