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Wednesday 20.09.2017 | Name days: Marianna, Ginters, Guntra

Eurostat: Latvia had the third highest annual inflation in EU in February

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUIn February, Latvia had the third highest inflation index among European Union member states when compared with the same month of 2016, according to data published by Eurostat.

Consumer prices in Latvia – like Lithuania – were 3.2% higher than February 2016. Inflation was higher in Estonia (+3.4%) and Belgium (+3.3%).

Annual inflation in February was calculated in 27 EU member states for which data is available. Annual inflation level were the lowest in Ireland (+0.3%), Romania (+0.5%), Romania (+0.5%), Bulgaria and Denmark (+0.9% in both).

Annual inflation in the EU was 1.9% in February, as opposed to 1.7% in January. Consumer prices in the EU declined 0.1% in February 2016. In Eurozone, consumer prices grew 2% in February and 1.8% in January. In February 2016, nineteen Eurozone member states had experienced deflation of 0.2%.

Compared to January, consumer prices in the EU grew by 0.3% in February. The increase in Eurozone was 0.4%.

In Latvia, consumer prices grew 0.4% in February. Inflation of 0.3% was registered in Lithuania. Prices in Estonia grew 1.4% in February.

February’s inflation data is not available for UK.

Ref: 224.109.109.2081


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