International Internet Magazine. Baltic States news & analytics
Monday, 30.05.2016, 17:31
The European Forecasting Network (EFN) is a research group of European institutions, founded under the auspices of the European Commission, and currently partly financially supported by the European University Institute (EUI, based in Florence, Italy), which is coordinating the report under the responsibility of Prof. Massimiliano Marcellino.
Keyword tags: Analytics, Economics, EU – Baltic States, Financial Services, GDP, Inflation, Markets and Companies
The monthly inflation in Lithuania will be 0.3% in May 2015, as compared month-on-month, Statistics Lithuania said on Monday, cites LETA/BNS.
Statistics Lithuania informs that in April 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 0.1%. It coincided with the inflation calculated based on the consumer price index (CPI).
Consumer price growth in Latvia in April 2016 has been very moderate compared to the average inflation over the last ten years, the Economics Ministry said LETA.
Latest data of the Central Statistical Bureau (CSB) show that, during the year* (in April 2016, compared to April 2015) average level of consumer prices reduced by 0.8%. Prices of goods decreased by 1.4%, while prices of services increased by 0.9%.
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.
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.