


Inflation rates in Estonia,Latvia and Lithuania have slowed down dramatically this year.Largest drop was in Estonia,from 25% last summer to 4.6% in August 2023
by Straight_Ad2258



Inflation rates in Estonia,Latvia and Lithuania have slowed down dramatically this year.Largest drop was in Estonia,from 25% last summer to 4.6% in August 2023
by Straight_Ad2258
4 comments
source:[https://tradingeconomics.com/estonia/inflation-cpi](https://tradingeconomics.com/estonia/inflation-cpi)
the euro devaluating last year was part of the reason why the Baltics suffered the highest inflation rates in Europe last year
however,the euro gradually recovered its value as the main thing dragging it down( high energy import prices) subsided
Maybe being part of the Eurozone was good after all
I knew they can’t ever reach us.
Well yes, but that just means that our prices quickly inflated to a new level and have remained rather stable ever since.