International Internet Magazine. Baltic States news & analytics
Sunday, 30.04.2017, 04:31
Latvia records EU's highest annual inflation in March
Consumer prices in Latvia in March were 3.3% higher than in March 2016. Lithuania recorded 3.2% inflation, but Estonia - by 3%.
Annual inflation was registered in all 28 EU member states in March, on which the data are available, with the lowest rates reported by Romania (0.4%), as well as Ireland and the Netherlands (by 0.6% in each).
Euro area annual inflation was 1.5% in March compared to the same month last year. The EU annual inflation was 1.6% in March.
Compared to February 2017, consumer prices in the EU increased 0.6% in March 2017, while the eurozone recorded a 0.8% rise.
Consumer prices in Latvia rose 0.9% in March from February 2017. Lithuania recorded 1.1% and Estonia 0.4% monthly inflation in March.