“For many Europeans, the following principle works: the closer they are to Russia, the faster their cost of living grows,” RIA Novosti quotes from FT material.
According to the authors of the publication, Estonia was among the leaders in terms of inflation, where consumer prices increased by almost 19% over the year.
The top three also includes Lithuania with 16.8% and Bulgaria with 14.4%.
At the same time, the highest inflation rate across Europe is observed in Turkey - about 70% due to the collapse of the lira.
Economist Anna Titareva noted that the fall in income in the eurozone is due to a sharp rise in energy prices.
Earlier it was reported that inflation in the UK reached a record high in 40 years.
The Austrian Federal Statistical Office also made a similar statement.