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Latvian consumer prices up 0.5% in January
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    News

    Latvian consumer prices up 0.5% in January

    RIGA, Feb 11 (LETA) - In January 2018, Latvian consumer prices moved up 0.5 percent from December, while the annual inflation rate (January 2019 against January 2018) stood at 3 percent, the Central Statistical Bureau (CSB) reported today.

    During the last 12 months, consumer prices rose 2.6 percent against the previous 12-month period.

    Compared to December 2018, in January 2019, prices of goods rose 0.5 percent and services prices went up 0.3 percent. Over the year, prices of goods climbed 3 percent and services prices increased by 3.2 percent.

    Month-on-month, the greatest pressure on the consumer price changes was exerted by the rise in prices of goods and services related to housing, alcoholic beverages and tobacco products, food and non-alcoholic beverages, prices in miscellaneous goods and services group, as well as drop in prices of clothing and footwear, as well as goods and services related to transport.

    Compared to January 2018, the average level of consumer prices in January 2019 was mainly influenced by the rise in prices of goods and services related to housing, alcoholic beverages and tobacco products, food and non-alcoholic beverages, restaurant and hotel services, prices in recreation and culture group, as well as health care prices.

    • Published: 11.02.2019 13:47
    • LETA
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