Latvia Inflation Rate Edges up in December
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Annual inflation rate in Latvia edged up to 0.9% in January from 0.6% in December, figures from the Riga-based Central Statistical Bureau (CSB) on Friday show.
Major upward pressure came from prices of food and non-alcoholic beverages (2.9% vs 2.7%); alcoholic beverages and tobacco products (7.7% vs 8.3%), and health care (6.8%, the same as in December).
On the other hand, prices continued to fall for goods and services related to housing (-7.4% vs -10.3%).
Compared to the previous month, the prices went up 0.8%, with cost for housing (2.5%), mainly electricity (5.6%), furnishings (2%), health (1.8%) and food recording the biggest increases, data showed.
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