2 ms·
How does inflation in Estonia impact on inflation of the rest of eurozone? Say that EE has inflation 20%, but X has 2% and they use the same currency. Will even
by agilob 4y ago
How does inflation in Estonia impact on inflation of the rest of eurozone? Say that EE has inflation 20%, but X has 2% and they use the same currency. Will eventually (within weeks of months) impact of EE increase inflation in X?
- raphaelj 4y agoI guess it all goes down to the fraction of oil and natural gas in the average income of these countries. If your economy is more reliant on these (e.g. for heating, electricity or transport), all prices will go up significantly more compared to a country that is less reliant on these (e.g. because of nuclear/renewable, better energy efficiency, less heating required ...).