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Bank of Estonia issues €271 million cash in second quarter

In the second quarter of 2022, the Bank of Estonia issued 7.2 million banknotes with a total value of €271 million into circulation. The most commonly issued banknote was the €50 note, Estonia's central bank said Thursday.

Rapid price hikes see shoppers opting for discounted goods

The main culprit behind rapid inflation is high energy prices, however some internal factors have also helped boost inflation in Estonia to the EU's fastest. A clear pattern of consumers opting for discounted products had emerged in June already.

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