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Latvian consumer prices up 0.7% in October: annual inflation unchanged at 3.2%
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    Latvian consumer prices up 0.7% in October: annual inflation unchanged at 3.2%

    RIGA, Nov 8 (LETA) - In October 2018, Latvian consumer prices moved up 0.7 percent from September, while the annual inflation rate (October 2018 against October 2017) remained unchanged at 3.2 percent, the Central Statistical Bureau (CSB) reported today.

    During the last 12 months, consumer prices rose 2.5 percent against the previous 12-month period.

    Statistics show that in October 2918 prices of goods climbed 1.1 percent from September, while services prices declined on average by 0.2 percent. Compared to October 2017, goods rose in price by 3.3 percent and services became 3 percent costlier in October 2018.

    Compared to September, in October 2018 the greatest pressure on the consumer price changes was put by the rise in prices of clothing and footwear, food and non-alcoholic beverages, goods and services related to transport, goods and services related to housing, as well as decline in prices in miscellaneous goods and services group.

    Compared to October 2017, in October 2018 the average level of consumer prices was mainly influenced by the rise in prices of goods and services related to transport, goods and services related to housing, alcoholic beverages and tobacco products, food and non-alcoholic beverages, restaurant and hotel services, as well as health care.

    • Published: 08.11.2018 13:13
    • LETA
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