Inflation

International Internet Magazine. Baltic States news & analytics Sunday, 21.10.2018, 02:51

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Why inflation rate of close to 3% is healthy for Latvia at this stage

Why inflation rate of close to 3% is healthy for Latvia at this stage

17.10.2018

In September, annual inflation exceeded 3% for the first time in 13 months. For the second consecutive year, the consumer price rise in Latvia was slightly faster than in the euro area on average. This article will look at the underlying factors of the above and why an inflation rate close to 3% is a sign of a healthy economy at this stage.

Keyword tags: Analytics, Banks, Direct Speech, Economics, Financial Services, Inflation, Latvia



Annual inflation up to 2.1% in the euro area

Annual inflation up to 2.1% in the euro area

17.10.2018

The Euro area annual inflation rate was 2.1% in September 2018, up from 2.0% in August. A year earlier, the rate was 1.5%. European Union annual inflation was 2.2% in September 2018, stable compared to August. A year earlier, the rate was 1.8%. These figures are published by Eurostat, the statistical office of the European Union.

Finance Ministry projectsLatvia's annual inflation for 2018 at 2.5%, unemployment at 7.7%

Finance Ministry projectsLatvia's annual inflation for 2018 at 2.5%, unemployment at 7.7%

12.10.2018

The Finance Ministry projects Latvia’s average annual inflation for this year at 2.5% and unemployment at 7.7 %, the ministry said in Latvia’s draft general budget for the financial year 2019, which the government is expected to review at its extraordinary meeting next Monday, informed LETA.


Lithuania posts 3% avg annual HICP inflation for September

Lithuania posts 3% avg annual HICP inflation for September

09.10.2018

Statistics Lithuania informs that in September 2018, 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 3% and was by 0.1 percentage point lower than that calculated based on the consumer price index (CPI).

Lithuania posts 0.3% monthly inflation in September

Lithuania posts 0.3% monthly inflation in September

08.10.2018

Monthly inflation stood at 0.3% in Lithuanian in September as prices of goods and services picked up for the first times after a break of three months, the latest figures from the Lithuanian statistics service, Statistics Lithuania, show.


08.10.2018

Latvian consumer prices up 0.6% in September

The latest data of the Central Statistical Bureau (CSB) show that in September 2018, compared to September 2017, the average level of consumer prices* rose by 3.2%. Prices of goods grew by 3.3% and prices of services by 2.9%.

05.10.2018

Swedbank: Estonia's inflation to slow down to 3% in 2019

Inflation in Estonia will decelerate to 3 percent next year as a result of the halting of price increases in energy, Liis Elmik, senior analyst at Swedbank, said commenting on September inflation data.

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