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Latvia Inflation February 2020

Latvia: Inflation ticks up in February

Consumer ticked edged up 0.1% from the previous month in February, softening from January’s 0.4% increase. A breakdown of the sub-components showed the result reflected markedly higher prices for food, and clothing and footwear, which more than offset lower prices for transport.

Inflation ticked up to 2.3% in February, from 2.2% at the outset of the year. Meanwhile, annual average inflation remained unchanged at the previous month’s 2.7% in February.

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