Latvia inflation climbs in September


Latvia's annual inflation rate rose to 4.8% in September, following a 3.7% increase in the previous month, figures from the Riga-based Central Statistical Bureau (CSB) showed on Friday.

Prices of housing and utilities increased the most, 10.1%, followed by a 9.4% rise of transport cost.

In addition, prices for food and non-alcoholic beverages went up by 3.8% while prices for healthcare gained 3.2%. Costs for clothing and footwear added 3.6% and cost for alcoholic beverages and tobacco products advanced 2%.

On a monthly basis, consumer prices grew by 1.1% after a 0.4 hike in August. 


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