Latvia: inflation up in August 2021

Shoes became expensive in Latvia in a year-on-year inflation comparison in August, which showed the general inflation at 3.7%. According to a press release of the Latvian Central Statistical Bureau, the greatest pressure on the average price level changes in August 2021 compared to August 2020 was put by the rise in prices of goods…

Latvia: municipality bans gambling

In central Latvia, the Kekava Municipality has banned organizing gambling in its territory set up in 2021, as part of the administrative and territorial reform. From now on, the 27 thousand people living in the 454-square-kilometer territory will not have on-site gambling services available to them. The Kekava Municipality passed the decision to ban organizing…

Latvia: Fitch keeps country credit rating at A- level

The international credit rating agency Fitch Ratings (Fitch) has published a statement on Latvia’s credit rating, where it has been maintained the level of A- with a stable forecast of future credit rating, the Latvian State Treasury reports. In the statement, published on September 3, Fitch highlighted the credible policy framework of Latvia, the country’s…