bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Tuesday 17.01.2017 | Name days: Tenis, Dravis
LatviaLatvia

Consumer price level in Latvia remains unchanged in 2015

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUCompared to November 2014, the average consumer price level in November 2015 did not change. Prices of goods have decreased by 0.8%, while prices of services have grown by 2.2% over the course of the year.

Compared to the 2014, the average consumer price level grew by 0.2% over the course of 2015.

The greatest pressure on the average level of consumer prices in November 2015, as compared to November 2014, was put by increase in prices of goods and services related to housing, alcoholic beverages and tobacco, hotel and restaurant services, as well as by decrease in prices of transport goods and services, according to data from the Central Statistical Bureau of Latvia.

The average food price level, as compared to the corresponding month of the previous year in November 2015 had decreased by 0.1% in November 2015. Milk and dairy products, cheese, meat and meat products, oils and fats had the most significant lowering impact on the price level. In turn, prices of vegetables, fruit witnessed growth.

The average price level of alcoholic beverages grew by 3.0% which was significantly affected by increase in prices of beer and spirits. Prices of tobacco rose by 1.2%.

During the year prices of goods and services related to housing increased by 1.5%. Growth was recorded in prices of electricity, maintenance charges in multi-occupied buildings, refuse collection; in turn, drop was observed in prices of heat energy and natural gas.

In transport group the average price level declined by 4.6%, which was significantly affected by drop of 15.8% in prices of fuels for transport. Decrease was recorded in prices of passenger transport by air; in turn, increase was observed in services of passenger transport by railway and road, maintenance and repair services of personal transport equipment.

Compared to November of the previous year prices of hotel and restaurant services witnessed growth. Prices in cafés and restaurants increased by 2.8%, and in canteens – by 2.4%. During the year the average price level of hotel services decreased by 5.3%.

Among other consumption groups, the most significant growth was recorded in prices of telecommunication services, pharmaceutical products; in turn, decrease was observed in prices of hospital services and package holidays.

As compared to the previous month the average level of consumer prices in November 2015 did not change. Prices of goods increased by 0.1%, while prices of services declined by 0.2%.

The greatest pressure on consumer price changes in November was put by growth in prices of food and non-alcoholic beverages, as well as by drop in prices of clothing and footwear, transport goods and services, recreation and culture, furnishings.

Over the month prices of food grew by 0.7%. Growth of 12.4% in prices of vegetables, with the greatest increase in the prices of cucumbers, tomatoes and sweet peppers, had the most significant impact on the price level changes within the food group. Growth was also recorded in prices of bread and cereals, milk and dairy products, fruit, sugar. In turn, cheese, ground coffee, meat and meat products, eggs, potatoes became cheaper.

Prices of footwear dropped by 2.2% and of clothing – by 0.7%.

Affected by discounts, prices of non-durable household goods had decreased by 2.6%. Also household textiles became cheaper.

In transport group the average price level declined by 0.3%, which was mainly affected by decrease of 0.7% in prices of fuels for transport. Services of passenger transport by sea and of passenger transport by road became cheaper; in turn, prices of spare parts and accessories for personal transport equipment witnessed growth.

In recreation and culture group, prices declined on average by 0.4%, which was mainly affected by drop in prices of package holidays. The average price level of books also decreased; in turn, flowers became more expensive.

Among other consumption groups, the most significant growth was recorded in prices of telecommunication services, wine, maintenance charges in multi-occupied buildings and tobacco. Decrease was observed in prices of individual care goods, beer.

Ref: 102.109.109.7265


Leave a reply

Media report on Lithuania’s plan to build fence along Kaliningrad border

Vilnius has voiced plans to erect a 45-kilometre-long fence on the Lithuanian-Russian border along the Kaliningrad region, report Russian media.

Noord Natie Ventspils Terminals to offer alternative option for cargo carriers

Noord Natie Ventspils Terminals multifunctional cargo transshipment centre continues its work this year on a wave of positive results. This year, the terminal plans to introduce a new transport line to offer existing carriers and increase cargo turnover.

African swine fever reaches Krimulda and Adazi

On Monday, 16 January, Crisis Management Council decided to declare a state of emergency in Krimulda and Adazi. Because of that, it will be necessary to allocate approximately EUR 100,000 from the state budget for emergencies to combat African swine fever.

Ventspils has the most expensive heating among Latvia’s major cities

The heating season is especially unpleasant for residents of Ventspils, as, according to data from the Public Utilities Commission, Ventspils has the highest heating tariffs among Latvia’s major cities. Heating tariffs are only higher in a couple of smaller cities, but even in most of Latgale tariffs are lower than in Latvia’s richest port city.

VIDEO: how is life for «martyr» Lembergs?

A video has surfaced on the internet, depicting from bird's eye view the home of criminally accused, oligarch and member of Ventspils City Council Aivars Lembergs.

Investment volume in Latvia’s real estate market exceeds EUR 300 million

The volume of investments in Latvia’s real estate market exceeds EUR 300 million for the fourth consecutive year. The total investment volume reached EUR 341.3 million in 2016, compared with EUR 394.4 million in 2015, according to data from Colliers International Latvia.

Calendar of cultural events in Lithuania. International museum selfie day in Kaunas

BNN offers you a selection of cultural and sports events in Lithuania for the week during January 16-23.

Hesburger plans to open nine new restaurants in Baltics

Sales of Finnish and Baltic fast food restaurant network Hesburger in Baltics reached EUR 58 million last year.

Nordea: Latvia is the most demanding among Baltics in terms of bank supervision

Of the three Baltic States, Latvia is the most demanding when it comes to regulator requirements for banks. This is largely because of its banking market’s state. Nevertheless, requirements are not inadequate, Nordea bank head in Latvia Janis Buks said in an interview.

Estonia registers increase in population

The number of Estonian population has last year grown by 0.14%, or 1,850, people – estimated Statistics Estonia.

Lembergs had a shared offshore business with Putin’s advisor

In 1994, Ventspils Mayor Aivars Lembergs travelled to Moscow to sign a document that made him a co-owner of Solvolub offshore. The company’s largest co-owner was Russian businessman Boris Titov, who is currently one of Russian President Vladimir Putin’s advisers. This is also how Lembergs first acquired shares in Ventamonjaks in Ventspils, as reported by Nekā personīga programme of TV3.

Finland testing paying basic income to unemployed

2,000 Finns have been selected for a government social benefit test scheme to provide unemployed people with a basic income of 560 euros for up to two years.

Thaw expected in Latvia this week; ice may yet form in many places regardless

Atmospheric pressure will rise in the first days of the week. Clouds will appear from time to time, however, bringing snow and wet snow, as reported by State Environmental, Geology and Meteorology Centre.

Train row prompts Serbia to voice military threat to Kosovo

Belgrade has voiced a warning expressing readiness to protect the territory it considers belonging to Serbia in its neighbouring country Kosovo. Serbian President Tomislav Nikolić accused Kosovo of seeking a war, after a passenger train painted in Serbian colours and the words «Kosovo is Serbia» was prevented from crossing the Kosovan border.

Week in Lithuania. Landsbergis suggests inviting Russian MPs

Vytautas Landsbergis, Lithuania‘s first post -independence leader, has suggested inviting Russian parliamentarians to memorial events of January 13 coup. In his words, inviting Duma deputies would be a logical and humane step.

Lithuanian President set to root out «eternal» state company CEOs

«Eternal» heads of state and municipal companies, who’ve been at the helm for years and years, must go, insists Lithuanian President Dalia Grybauskaitė.

Vejonis asks Reizniece-Ozola to address envelope wage problem more seriously

«We need a tax policy that will reduce social inequality of our country’s residents, stimulate formation of businesses and enhance society’s trust in state administration,» – said Latvian President Raimonds Vejonis during his meeting with Finance Minister Dana Reizniece-Ozola.

Sproge replaces Truksnis as Mayor of Jurmala

Following Gatis Truksnis' decision to step down his post as Mayor of Jurmala was taken by Riga Sproge on the same day.

EC calls on Italy to substantiate denied claims of alleged car emissions cheating by Fiat

Italy has been invited by the European Commission to substantiate with proof the denial of allegations by the German government that Italian carmaker Fiat Chrysler has installed illegal exhaust emissions cheating equipment.

Truksnis to step down again as mayor of Jurmala; UGF decides to keep him in its ranks

On Friday, 13 January, Mayor of Jurmala Gatis Truksnis intends to announce his decision to step down from his post, as confirmed by head of Latvian Green Party’s office Janis Ledins.

Estonian port company’s corruption case expected before court in 2017

The criminal case on alleged bribery at the Estonian state port company Port of Tallinn that has required investigators to work with Poland, Turkey and Norway, is expected to reach court in the first six months of 2017, Estonian prosecutor general has stated.

Rention: unification will ease rent and other payments

Commencement of cooperation with Corvin Real Estate, Rention housing management system will combine and simplify procedures like management and signing of utilities, rent and other payments, as well as issue of receipts, submission of counter readings and compilation of declarations, Rention representatives say.

Survey: majority of residents perform health improvement activities irregularly

A large number of residents associate New Year with changing established habits. Some intend to drop smoking, other promise to do more sports and start eating more healthily. Survey results show that 67% of respondents perform health improvement activities irregularly.

Estonia to stand for innovative, well-defended and digital EU in its presidency

The government of Estonia has set its political priorities for the country’s first presidency in the Council of the European Union in the second half of 2017.

Presence of allied forces in Latvia may become a hot potato

The presence of allied forces in Latvia may become a ‘hot potato’ in Russia’s information campaign, as stated in a publication of Latvian Foreign Policy Institute on the country’s external and security policy by the head of Defence Policy and Strategy Office of Defence Ministry’s Defence Policy Department Martins Vargulis.