(Bloomberg) -- Estonia's economy expanded in the first quarter at its slowest pace in two years amid signs that consumer spending in the Baltic country is slowing.
Growth slowed to 9.9 percent from 10.9 percent in the previous three months and 11.7 percent in the same period of 2006, Tallinn-based Statistikaamet said in an e-mail, citing preliminary data. The statistics office said in its statement it sees signs of slowing growth in retail and transportation.
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