Deflation To Remain

December 2009
Emerging Europe Monitor: Central Europe & Baltic States;Dec2009, Vol. 16 Issue 12, p10
Country Report
The article reports on the economic outlook of Estonia. It states the continuous a marked deflationary of the major component of the consumer price basket indicating the broad-based demand destruction in the economy. However, the structural contraction in the economy which is the core factor weighing on consumer prices is likely to remain well into 2010.


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