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Tuesday, 21.04.2015, 05:56
The consumer price level in Latvia in March 2015, compared with the same month of the previous year, increased 0.5%, which was the fourth highest increase in the EU, according to the latest data from the EU's statistical office Eurostat, cites LETA.
Keyword tags: Analytics, EU – Baltic States, Inflation
Statistics Lithuania forecasts that the country's monthly inflation in April 2015, measured by the Harmonised Index of Consumer Prices (HICP) is likely to be positive and amount to 0.4%, compared to March, cites LETA/ELTA.
According to the data of Statistics Lithuania, prices of services and food products have been growing for some unknown reason in March 2015: compared to February, they got more expensive by 1.3%, however, trailers, semi-trailers, steam supply and air conditioning products became cheaper, writes LETA/ELTA, referring to Vakaro zinios.
Minister of Finance of Lithuania, Rimantas Sadzius, says that consistent growth of service prices has been observed for the last two years and thus is not related to the adoption of the euro, reports LETA/ELTA.
According to the latest data of the Central Statistical Bureau (CSB), compared to March 2014 (1), the average consumer price level in March 2015 grew by 0.4%.
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.
Statistics Lithuania informs that in March 2015, compared to February, prices for consumer goods and services increased by 0.8%. In March 2015, annual (March 2015, against March 2014) deflation stood at 1.4%.