Latvia consumer prices rise in July
Photo by Stephen Finn/Shutterstock.com
Latviaʼs consumer prices rose for the first time in four months in July, figures from the Riga-based Central Statistical Bureau (CSB) showed on Monday.
Image by Stephen Finn/Shutterstock.com
Consumer prices increased 0.5% year-on-year in July, after a 0.7% fall in June.
Prices of goods remained unchanged annually in July and that of services increased by 1.6%.
This annual growth was driven by the rise in prices of food and non-alcohol beverages, recreation and culture, health care, and restaurants and hotel services.
Health care costs grew by 3% in July.
Prices for food, and restaurants, hotels rose by 2.8%, each. On a monthly basis, consumer prices rose by 0.2% in July.
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