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Inflation in Baltics set to remain highest in euro area

Charts highlight divergence between eurozone members

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Inflation in Latvia, Estonia and Lithuania is estimated to remain the highest in the euro area in January, underscoring the challenge facing the European Central Bank. 

Estonia’s is expected to increase from 17.5% in December to 19.8% and Latvia’s from 20.7% to 21.6%, Eurostat data shows. Lithuania’s is expected to fall from 20.0% to 18.4%. 

The Baltic states’ level of inflation remains the highest in the euro area, though inflation is also rising in some major western European nations

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