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Inflation just keeps on going up

Jul 16, 2008
Staff and wire reports

RIGA - Inflation continues its surge across the Baltics as the latest figures for Lithuania and Estonia climbed further into double-digit territory. Consumer inflation for June in Lithuania hit 12.7 percent, while prices in Estonia were 11.4 percent higher than 2007, up from May figures of 12 percent and 11.3 percent respectively. Analysts in Lithuania warn that governments are doing little to curb the incessant price increases. According to Jurgita Jurgutyte, an analyst with Hansabankas, the ...


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