A cheaper euro will affect inflation in coming months

  • 2015-06-04
  • By Rasmus Kattai
TALLINN - Data from Statistics Estonia show that consumer prices were 0.5% higher in April than in March, but the cost of the consumer basket was 0.1% lower than a year earlier. The fall in prices was mainly slowed by seasonal rises in food prices, though another factor was that global energy prices stopped falling. Prices stopped falling in the euro area after doing so for four months, and they remained where they were a year ago. The first signs appeared of an increase in the hitherto weak price pressures from the external environment that have restrained inflation in E...
 
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