Economy Blog

Consumer prices in New Europe continue to grow up. Like Baltic states where for all three countries inflation is above 10 %. The highest rate is in Latvia with 16,5% followed by Estonia (11,5%) and Lithuania (10,9%). EU newcomers Bulgaria and Romania don’t skew with 12,2% respectively 8%.Also other economies of Central Europe (Czech Republic, Hungary, Poland) are well above targets. Central banks will be forced again to tighten monetary policy in coming month….
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Consumer prices in New Europe continue to grow up. Like Baltic states where for all three countries inflation is above 10 %. The highest rate is in Latvia with 16,5% followed by Estonia (11,5%) and Lithuania (10,9%). EU newcomers Bulgaria and Romania don’t skew with 12,2% respectively 8%.Also other economies of Central Europe (Czech Republic, Hungary, Poland) are well above targets. Central banks will be forced again to tighten monetary policy in coming month….
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