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Latvia records 2.6% annual inflation in September
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    News

    Latvia records 2.6% annual inflation in September

    RIGA, Oct 8 (LETA) - In September, Latvian consumer prices rose 0.1 percent from August, while annual inflation reached 2.6 percent, the Central Statistical Bureau (CSB) informed today.

    During the last 12 months, consumer prices rose 3 percent against the previous 12-month period.

    According to information provided by the CSB, September 2919, prices of goods climbed 0.2 percent from August while services prices decreased by 0.3 percent on average. Compared to September 2018, goods rose in price by 2.4 percent and services became 3 percent costlier in September 2019.

    Rising prices of clothing and footwear, prices in the miscellaneous goods and services group, prices of goods and services related to recreation and culture, as well as a decline in prices of food and non-alcoholic beverages, goods and services related to transport, as well as alcoholic beverages and tobacco products exerted the greatest influence on monthly inflation.

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

    • Published: 08.10.2019 13:25
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