Inflation

International Internet Magazine. Baltic States news & analytics Friday, 24.03.2017, 00:06

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Bank of Latvia raises 2017 inflation forecast to 2.7%

Bank of Latvia raises 2017 inflation forecast to 2.7%

23.03.2017

The Bank of Latvia has raised the inflation forecast for this year from 1.6% to 2.7%, the bank reported.

Keyword tags: Analytics, Banks, Financial Services, Inflation, Latvia



The steepest inflation jump is in the past

The steepest inflation jump is in the past

13.03.2017

There is no point in being afraid of thunder – lightning is the real danger. Thunder just reflects with a lag the flashes of lightning by way of sound. An increase in consumer prices is a similar story: it is an objective reflection of previous developments on the global commodity markets.

The average level of consumer prices in Latvia increased by 3.3 %

The average level of consumer prices in Latvia increased by 3.3 %

08.03.2017

The latest data of the Central Statistical Bureau (CSB) show that during the year* (in February 2017, compared to February 2016) the average level of consumer prices increased by 3.3%. Prices of goods grew by 3.4% and prices of services by 3.0%.


Price rises in February in Estonia were primarily due to higher prices for oil and food

Price rises in February in Estonia were primarily due to higher prices for oil and food

08.03.2017

Inflation continued to rise in Estonia, and it was at its fastest for four years in February. Inflation is being driven by higher global prices for oil and food, and by higher excise rates. Core inflation has also risen in recent months because of service prices

The consumer price index in Estonia was affected the most by transport

The consumer price index in Estonia was affected the most by transport

07.03.2017

According to Statistics Estonia, the change of the consumer price index in February 2017 was 1.3% compared to January 2017 and 3.4% compared to February of the previous year.


22.02.2017

Latvia's Jan annual inflation among EU's highest

Latvia's harmonized annual inflation was among the highest in the European Union (EU) in January, Eurostat said on Wednesday.

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