Estonia's November inflation fastest in the EU

Estonia, Hungary and Romania saw the highest inflation in the EU in November.
Estonia, Hungary and Romania saw the highest inflation in the EU in November. Source: Siim Lõvi/ERR

Inflation in Estonia was registered at 3.2% in November, placing it among the three EU member states with the highest inflation last month.

The annual inflation rate of the euro area was down 0.3% to 1.9% in November, while inflation among EU member states was down 0.2% to 2%. The annual rate of 3.2% registered in Estonia, Hungary and Romania was the highest in the EU, it appears from data released by Eurostat.

Among EU member states, inflation was lowest in Denmark at 0.7%, followed by Ireland at 0.8% and Portugal at 0.9%.

November inflation was registered at 2.9% in Latvia, 2.4% in Lithuania and 1.4% in Finland.

In November 2018, the highest contribution to the annual euro area inflation rate, 0.88%, came from energy, followed by services (0.57%), food, alcohol and tobacco (0.38%), and non-energy industrial goods (0.11%).

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Editor: Aili Vahtla

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