Latvia: inflation up in March 2022

The latest data of the Central Statistical Bureau showed that in March, compared to March 2021, the average level of consumer prices increased by 11.5%. Compared to March 2021, the average level of consumer prices was mainly influenced by the rise in prices of food and non-alcoholic beverages, goods and services related to transport, goods…

Latvia: inflation outlook looks sad

Compared to February, consumer prices in Latvia might have increased by 2.8-3% in March. This means that compared to March 2021 inflation in the country might have reached 11-11.2% in March 2022, according to bank analysts. Swedbank economist Laura Orleane predicted that in March consumer prices might have increased by 3% when compared to February.…