International Internet Magazine. Baltic States news & analytics
Friday, 06.05.2016, 14:08
According to Statistics Estonia, the change of the consumer price index in April 2016 was 0.0% compared to March 2016 and -0.8% compared to April of the previous year.
Keyword tags: Analytics, Estonia, Inflation, Markets and Companies
Lithuania's economic growth will stand at 3.3% in 2016 and will be the fastest in the Baltic States, Swedbank analysts say, adding that the country's economy should develop by further 3% in 2017, cites LETA/BNS.
Analysts of Latvia’s Swedbank has cut the economic growth and inflation forecasts for Latvia in 2016. Swedbank also has lowered its economic growth forecast on Estonia to 2%, informs LETA/BNS.
Statistics Lithuania informs that in March 2016, average annual inflation calculated based on the harmonised index of consumer prices (HICP), which is methodologically harmonised with those of other EU member states, was negative and stood at minus 0.2%.
Swedbank Lithuania's chief economist expects that inflation in the country will continue to accelerate as rising wages are driving services prices up, informs LETA/BNS.
According to the latest data of the Central Statistical Bureau (CSB), compared to March 2015, in March 2016 (1) average level of consumer prices reduced by 0.6%. Prices of goods decreased by 1.4%, while prices of services increased by 1.6%.
The news release "In March, the consumer price index was influenced the most by transport" published on 07.04.2016 was corrected on 07.04.2016. Please consider the data marked in red as correct. According to Statistics Estonia, the change of the consumer price index in March 2016 was 0.8% compared to February 2016 and -0.2% compared to March of the previous year.