Latvia consumer prices falls further in December

Figures

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Latvia's consumer prices declined further in December, albeit at a softer pace, figures from the Riga-based Central Statistical Bureau (CSB) showed on Tuesday.

Consumer prices decreased 0.5% year-on-year in December, following a 0.7% decline in November. Prices of goods fell 1.4%, while that of services increased by 1.6%.

Prices for transport and housing declined by 4.5% and 3.6%, respectively, in December. Meanwhile, prices for health grew 3.5% and those of recreation and culture gained 2.2%. On a monthly basis, consumer prices remained unchanged in December.

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