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Monday 17.02.2020 | Name days: Konstance, Donats

Inflation in Latvia was higher than average in EU and Eurozone in November

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUInflation in Latvia in November was higher than average inflation in European Union and Eurozone, according to data published by Eurostat.

Annual inflation in Latvia was 2.9% in November. Inflation was higher in Romania, Hungary and Estonia (3.2% in all three), as well as Bulgaria (3%), whereas inflation in Belgium was 2.9%.

Compared to November 2017, inflation was registered in all EU member states. Aside from Latvia, price rise was considerable in Luxembourg (2.6%), Britain and Lithuania (2.4%), Austria (2.3%), as well as France and Germany (2.2% in both).

The average inflation in November was 2% in EU and 1.9% in Eurozone.

Compared to October, consumer prices have dropped 0.1% in the EU and 0.2% in Eurozone.

In Latvia and Lithuania, prices have dropped 0.2% when compared to October. Prices in Estonia have dropped 0.8%.


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