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Saturday, 08.03.2014, 08:38
According to Statistics Estonia, the change of the consumer price index in February 2014 was 0.1% compared to January 2014 and 0.6% compared to February of the previous year.
Keyword tags: Analytics, Estonia, Inflation, Markets and Companies
The European Central Bank on Thursday raised slightly its growth forecast for the euro area for 2014, but trimmed its forecast for inflation, informs LETA/AFP.
The winter 2014 European Economic Forecast published by the European Commission on Tuesday indicates that Lithuania should not encounter any obstacles in fulfilling Maastricht criteria necessary to adopt the euro in 2015, informs LETA/ELTA.
Annual inflation in Latvia was 0.5% in January, the eighth lowest across the European Union, according to the latest data from the EU's statistical office Eurostat. Lithuania’s inflation made 0.2% and Estonia 1.6%, informs LETA.
Statistics Lithuania informs that in January 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 1%.
Statistics Lithuania informs that in January 2014, compared to December 2013, prices for consumer goods and services remained almost unchanged (minus 0.05%) since an increase in prices for some consumer goods and services was counterbalanced by a decrease in prices for other consumer goods and services. In January 2014, annual inflation stood at 0.2%.
Compared to January 2013, the average consumer price level in January 2014 (1) rose by 0.4%. Prices of goods decreased by 0.3%, but prices of services grew by 2.3%.