Inflation hits double digits in Latvia

The latest data published April 8 by the Central Statistical Bureau (CSB) show that in March 2022, compared to March 2021, the average level of consumer prices increased by 11.5 %. February's equivalent figure was 8.7 %.

"Compared to March 2021, in March 2022 the average level of consumer prices was mainly influenced by the rise in prices of food and non-alcoholic beverages, goods and services related to transport, goods and services related to housing, within the miscellaneous goods and services group, health care, alcoholic beverages and tobacco products, goods and services related to recreation and culture, furnishings," the CSB said.

To view this resource, we need your consent to the use of cookies.

Compared to February 2022, in March 2022 the average level of consumer prices increased by 3.3 %. The greatest pressure on the average price level change was put by the rise in prices of goods and services related to transport, food and non-alcoholic beverages, goods and services related to housing, clothing and footwear, within the miscellaneous goods and services group, goods and services related to recreation and culture, alcoholic beverages and tobacco products.

To view this resource, we need your consent to the use of cookies.

Price changes by commodity group (as per cent)

Groups

Price changes in March 2022, compared to:

March
2021

December
2021

February
2022

Total

11.5

5.0

3.3

food

14.7

8.2

2.6

alcohol, tobacco

4.0

2.7

0.9

clothing, footwear

5.2

1.8

7.0

housing

14.5

-0.7

2.8

furnishings

7.4

4.4

1.4

health

5.5

3.2

1.0

transport

22.9

12.9

9.4

communication

1.7

0.7

0.2

recreation, culture

4.2

1.8

1.0

education

-0.6

-4.2

0.1

restaurants, hotels

7.7

2.9

1.2

miscellaneous

8.5

7.3

4.7

 

Seen a mistake?

Select text and press Ctrl+Enter to send a suggested correction to the editor

Select text and press Report a mistake to send a suggested correction to the editor

Related articles
Most important