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Estonia's Inflation Slows In November

Estonia's annual inflation slowed to 3.6 percent in November from 4.1 percent in October, data released by Statistics Estonia showed Friday.

Prices of goods were 3.4 percent more and services were 4.1 expensive compared to November 2011.

Regulated prices of goods and services rose 6.5 percent, while non-regulated prices advanced 2.7 percent compared to November of the previous year.

Housing prices rose the most by 6.7 percent and clothing and footwear prices climbed 6.4 percent Education was 5.5 costlier, food and non-alcoholic beverages increased 5.8 percent among others.

Meanwhile, communication prices fell 5.8 percent and health care cost was 0.7 percent cheaper.

Sequentially, the consumer price index fell 0.3 percent after rising 0.2 percent in October.

by RTT Staff Writer

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