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Estonia clocks fastest inflation in the Eurozone at 20.1 percent

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Re: Estonia clocks fastest inflation in the Eurozone at 20.1 percent

#21

Earlier quoted context omitted.

Can you elaborate what you mean?

Estonia has for quite some time tried to establish itself as a "Startup HQ" for startups both in Estonia and from the world outside of Estonia. As a result, Estonia has the 3rd highest startups-per-capita compared to other countries in Europe.

and, how does that equate to inflation? They can't really print EUR right? So it has to be commodity and energy prices rising from externalities.

Re: Estonia clocks fastest inflation in the Eurozone at 20.1 percent

#23
post #9

Sweden was at 6.4% in April, but they excluded energy [0]; in these graphs energy is included, so shouldn't Sweden be listed? [0] https://scb.se/hitta-statistik/statistik-efter-amne/priser-o...

Sweden = Swedish Krona, not Eurozone.

Thanks for sharing the stats, I hadn't looked into it in months and noticed that books got quite expensive on my latest purchase, glad to see it wasn't just my impression.

Re: Estonia clocks fastest inflation in the Eurozone at 20.1 percent

#24
post #9

Sweden was at 6.4% in April, but they excluded energy [0]; in these graphs energy is included, so shouldn't Sweden be listed? [0] https://scb.se/hitta-statistik/statistik-efter-amne/priser-o...

From what I can tell the 6.4% includes energy. The measure that doesn't include energy (KPIF-XE) is at 4.5%.

Re: Estonia clocks fastest inflation in the Eurozone at 20.1 percent

#25
post #3

Probably the only country that is being honest about its inflation amount then.

Do you mean to say that other European countries are lying? This proposition seems knee jerk.

Inflation can be computed by anyone, so I don’t even understand how you could lie about it.

Re: Estonia clocks fastest inflation in the Eurozone at 20.1 percent

#28
post #13

Caused to some extent by energy prices, but also worth noting the "most-startups-per-capita" effect

Also last year there was a reform in the pension system. You can now choose to exit the pension system and have a large part of your fund liquidated. Around 14% of the population decided to use this and cash out their future pensions in 2021. Not sure how much of these funds got spent where but certainly it had some effect on the real-estate prices.

Why would they do that? Isn't that setting them up for a pension crisis in the future?

Re: Estonia clocks fastest inflation in the Eurozone at 20.1 percent

#29
post #25
post #3

Probably the only country that is being honest about its inflation amount then.

Do you mean to say that other European countries are lying? This proposition seems knee jerk. Inflation can be computed by anyone, so I don’t even understand how you could lie about it.

Because he wants it to be. It’s way easier to blame someone acting nefarious than living in reality.
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