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Latvian annual inflation accelerates to 4.8%

The latest data of the Central Statistical Bureau (CSB) published October 8 show that in September 2021, compared to September 2020, the average level of consumer prices increased by 4.8 %.

"The greatest pressure on the average price level changes in September 2021 compared to September 2020 was put by the rise in prices of goods and services related to housing, goods and services related to transport, prices of food and non-alcoholic beverages, clothing and footwear, health care, alcoholic beverages and tobacco products," the CSB said.

The average level of consumer prices increased even more noticeably in the monthly figures. Compared to August 2021, in September 2021 the average level of consumer prices went up by 1.1 %. The greatest pressure on the price changes was due to the increase in prices of goods and services related to housing, prices of clothing and footwear, prices of food and non-alcoholic beverages, goods and services related to recreation and culture, in the group of miscellaneous goods and services, education, as well as due to the decrease in prices of goods and services related to transport.

 

 

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