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https://www.eesti.ca/estonia-increases-inflation-forecast/article35910
Estonia increases inflation forecast
08 Apr 2012 EWR Online
New Europe
Estonian inflation is now expected to average 3.3% this year, the finance ministry last week said, upwardly revising the previous forecast of 2.8%. In the new economic outlook the ministry, however, reduced its outlook for consumer-price growth in 2013. It said consumer price growth may slow to 3% next year, compared with a previous estimate of 3.1%. The ministry attributed the upward revision of the inflation figures to the rising oil prices which it said had already exceeded it estimates.

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