Analytics, Economics, EU – Baltic States, Inflation, Statistics
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Saturday, 20.04.2024, 02:48
Latvia records sixth highest inflation among EU member states in November
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Like in Great Britain, Latvian consumer prices rose 1.2%
year-on-year in November. The highest inflation was recorded in Belgium (+1.7%),
the Czech Republic (+1.6%), Austria (+1.5%), Estonia (+1.4%) and Sweden (+1.3%).
In Lithuania and Hungary, consumer prices rose 1.1% in November.
In November, annual inflation was registered in 22 member
states, while six EU member states - Bulgaria, Cyprus (-0.8%), Ireland Greece,
Romania and Slovakia (-0.2%) - reported deflation.
The EU's annual inflation rate edged up to 0.6 % in November
from 0.5% in October. In November 2015, consumer prices in across the bloc
moved up 0.1%.
In the eurozone, consumer prices rose 0.6% year-on-year in
November 2016 as compared to 0.5% in October and 0.1% in November 2015.
Compared to the previous month, consumer prices in the EU remained
stable and declined 0.1% in the eurozone.
Latvian consumer prices rose 0.1% month-on-month in
November, Lithuania reported a 0.3% monthly inflation, and consumer prices in
Estonia remained flat in November.
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