Estonia: consumer price index down in October 2020

According to Statistics Estonia (Statistikaamet), the consumer price index for October dropped by 0.5% MoM and by 1.5% YoY. Statistics Estonia analyst Viktoria Trasanov said that compared to October 2019, the consumer price index was affected the most by price decreases of motor fuel and plane tickets. “Diesel fuel prices dropped by 28.3% and gasoline…

Latvia: banks well prepared for COVID-19 crisis

Banks in Latvia are well prepared to overcome the COVID-19 crisis, chairperson of the Finance and Capital Market Commission (FKTK) Santa Purgaile has said. “Banks are in financially good health to overcome this crisis,” said the head of FKTK, adding that banks were strong and their liquidity was good. At the same time, Purgaile admitted…