Latvian inflation increases year-on-year

Latvian inflation increases year-on-year


The latest official data showed Latvian consumer prices surged by 4.2% year-on-year in November. The breakdowns showed tobacco products, alcoholic beverages and transport related goods and services were the prime contributors to the upward pressure. 

However, prices of clothing and footwear moved down, helping to somewhat ease the pressure.  The prices of tobacco products in November grew on average by 1.3% while the prices of alcoholic beverages increased on average by 0.5%. Ma...


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