05.07.201906:29:00UTC+00Estonia Inflation At 3-Month Low

Estonia's consumer price inflation slowed to the lowest pace in three months in June, data from Statistics Estonia showed on Friday.

Inflation slowed to 2.4 percent in June, after a 3.1 percent increase in May. The latest inflation rate was the lowest since March, when inflation was 2.3 percent.

The consumer price index was mostly affected by food and non-alcoholic beverages, which contributed more than one-by-third of the total increase, the agency said.

Among components, the biggest increase was in recreation and culture that logged a 6 percent increase. In communication, prices declined 2.8 percent.

On a monthly basis, consumer prices rose 0.2 percent in June, the same rate as seen in the previous month.

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