Lithuanian inflation slowest in 29 months, boosting euro hopes

  • 2013-03-20
  • From wire reports
VILNIUS - Lithuanian inflation slowed in February to its lowest in more than two years as the country seeks to stabilize prices to qualify for euro adoption, Bloomberg reports. The inflation rate fell to 2.2 percent from a year earlier, the lowest since September 2010, the statistics office in the capital, Vilnius, said in an e-mailed statement. Consumer prices were unchanged from January.The government has said the main hurdle to adopting the European Union’s common currency at the start of 2015 was slowing inflation to below the EU limit. Lithuania would probably be the last...
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