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Latvia saw EU’s second steepest annual inflation in June - Eurostat
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    Latvia saw EU’s second steepest annual inflation in June - Eurostat

    RIGA, July 17 (LETA) - Latvia saw the second steepest annual inflation among EU member states in June, the latest Eurostat data shows.

    Last month Latvian consumer prices climbed 3.1 percent against the same month in 2016, which is the same as in Estonia. The highest inflation rate was recorded Lithuania (3.5 percent).

    In June 2017, annual inflation was recorded in 26 EU member states, while Ireland’s consumer prices dropped 0.6 percent from June 2016.

    The lowest inflation rate was reported by Denmark (+0.4 percent), Romania (0.7 percent) and France (+0.8 percent).

    Across the EU, annual inflation was down to 1.4 percent in June from 1.6 percent in May. Consumer prices in the eurozone rose 1.3 percent from June 2016, as compared to 1.4 percent in May. In June 2016, annual inflation rate was 0.1 percent both in the EU and the eurozone.

    Compared to May 2017, consumer prices in the EU and the eurozone remained stable.

    In monthly terms, consumer prices in Latvia, just like in Croatia, rose by 0.4 percent. Estonia, as well as in Ireland, Spain, Hungary and Sweden, recorded a 0.1 percent monthly inflation, and Lithuania and Germany reported a 0.2 percent inflation.

    • Published: 17.07.2017 12:57
    • LETA
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