Estonia and Lithuania post EU's highest annual inflation in May

2017-06-17, 18:11

Published in Economy

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BFL / Andrius Ufartas

Estonia and Lithuania registered the EU's highest annual inflation rates for May, figures from the EU statistical office Eurostat showed on Friday.

Annual inflation last month reached 3.2% in Lithuania, the second-highest rate after Estonia's 3.5%. Inflation in Latvia was somewhat lower, at 2.7%.

Positive annual inflation last month was recorded in all EU member states, except for Ireland, which posted a zero inflation rate.

Annual inflation stood at 1.4% in the euro area and at 1.6% in the whole of the EU.