Baltic Inflation at the peak of EU
According to The Baltic Times Inflation in Latvia, at nearly 18 percent, remains the highest in the EU, despite a two percent decrease. According to data released by the European Unions statistical office, Eurostat, Latvia still remains number one for the third year running. Coming in at a close second is Bulgaria with nearly 15 percent inflation this year. About this time last year, Hungary had been nudging forward as the nation with the highest inflation, but Latvia still reigns supreme.
The other Baltic States are not to be excluded from this high inflation. Lithuania and Estonia have seen a rise in the inflation levels hovering around the 13 and 12 percent mark respectively.