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Sunday, 01.02.2015, 02:30
According to the latest data of the Central Statistical Bureau (CSB), compared to December 20131, the average consumer price level in December 2014 rose by 0.2%.
Keyword tags: Analytics, Baltic, Inflation, Latvia, Markets and Companies
Statistics Lithuania informs that in December 2014, compared to November, prices for consumer goods and services decreased by 0.6%. In December, annual (against December 2013) deflation stood at 0.3%.
According to Statistics Estonia, the consumer price index decreased 0.1% in 2014 compared to the average of 2013.
The fall of energy prices affected Estonia's inflation rate most in 2014, Estonia's central bank Eesti Pank said in its comments to the fresh inflation data, cites LETA.
Eurozone consumer prices fell 0.2% in December 2014, entering negative territory for the first time since financial crisis in October 2009 and raising fears of deflation, EU data showed Wednesday, the AFP news agency reports, cites LETA.
Central bank: increased consumption and investment encourage consistent growth of Lithuania's economy
Increased consumption and investment encourage consistent growth of Lithuania's economy; however, a poorer outlook for the country's major foreign trade partners, as well as gradually slowing development of domestic demand led to more cautious GDP growth projections for the year 2015, reports LETA/ELTA.
Statistics Lithuania informs that in November 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 0.3%.