Latvia inflation slows in January

Figures

Photo by Alexander Supertramp/Shutterstock.com

Latvia’s consumer price inflation eased in January after rising in the previous month, figures from the Central Statistical Bureau (CSB) shows.

Photo by Alexander Supertramp/Shutterstock.com

The consumer price index rose 2.2% year-on-year in January, slightly slower than 2.3% increase in December. In November, inflation was 2.1%.

Prices for transportation increased by 4.6% annually in January and those of food and health rose by 3.4% and 3%, respectively. Prices for communication and recreation and culture rose by 2.3%, each.

On a monthly basis, consumer prices rose 0.4% in January, CSB said on February 11.

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