Latvia: banks credit portfolio down in 2020

The credit portfolio of Latvian banking sector declined by 3.9% or by EUR 523.785 million YoY in 2020 and was EUR 12.948 billion, according to data compiled by the Finance Latvia Association. The credit portfolio of banks that are members of the association has declined by 1% or by EUR 123.218 million, composing EUR 12.212…

Estonia: inflation at 0.6% in February 2021

Inflation ran at 0.6% YoY in February, state agency Statistics Estonia reported. The Consumer Price Index (CPI) rose slightly more between January and February, at 0.9%, Statistics Estonia reported, though goods actually saw a deflation of -0.6% YoY on the CPI, while services cost 2.7% more than in February 2020. Statistics Estonia leading analyst Viktoria…