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Wednesday, 23.04.2014, 14:57
Annual inflation in Latvia was 0.3% in March 2014 – the third lowest across the European Union, according to the latest data from the EU's statistical office Eurostat, cites LETA.
Keyword tags: Analytics, EU – Baltic States, Inflation
Statistics Lithuania informs that in March 2014, average annual inflation calculated based on the harmonised index of consumer prices (HICP), which is methodologically harmonised with those of other EU member states, stood at 0.7%.
Statistics Lithuania informs that in March 2014, compared to February, prices for consumer goods and services increased by 0.4%. In March 2014, annual (March 2014, against March 2013) inflation stood at 0.2%.
Compared to March 2013, the average consumer price level in March 2014 (1), rose by 0,3%. Prices of goods decreased by 0.5%, while prices of services grew by 2.6%.
According to Statistics Estonia, the change of the consumer price index in March 2014 was 0.3% compared to February 2014 and 0.2% compared to March of the previous year.
Experts in the Finance Ministry have reduced the annual inflation forecast for Latvia this year to 1.1%, however, the annual inflation forecast for 2015 has been increased to 3%, Finance Minister Andris Vilks said during a Saeima Budget and Finance Committee meeting, cites the Latvian Institute.
Annual inflation in Latvia was 0.5% in February 2014 – the eleventh lowest across the European Union, according to the latest data from the EU's statistical office Eurostat, cites LETA.