Latvia: Inflation inches up in June
July 8, 2014
In June consumer prices rose 0.3% over the preceding month. The reading contrasted the 0.1% decrease observed in May and mainly reflected higher prices for food as well as for alcoholic beverages and tobacco.
Annual headline inflation inched up from 0.6% in May to 0.7% in June. Meanwhile, annual HICP stabilized at April’s 0.8% in May, which is the last month for which data are available. Annual average HICP inflation inched up from 0.1% in April to 0.2% in May.
Author: Ricardo Aceves, Senior Economist