LV: Latvian inflation of 0.9% y/y smallest in EU in October-Eurostat.

By bne IntelliNews November 17, 2010
According to the report by European Statistical Agency Eurostat, Latvia posted annual inflation of 0.9% in October 2010, which was the lowest inflation rate among EU member states. To remind, previously Latvia posted one of the highest deflation rates in EU for nine consecutive months, while until April 2009 Latvia posted the highest inflation in EU for twenty months in a row, with rare breaks having one of the highest inflation rates in EU for almost four years. Annual inflation in October in EU overall was 2.3% and 1.9% in eurozone. Consumer prices increased by 1% y/y in October 2010, according to a report by Central Statistical Bureau (as compared to 0.4% y/y inflation seen in September and 0.3% y/y deflation in August). CPI inflation amounted to 11.4% in 2008, while 1.2% y/y deflation was posted in 2009.

Related Articles

EE: Estonian Air records EUR 49.2mn loss in 2012.

Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more

LT: Malsena acquires Latvian flour manufacturer Rigas Dzirnavieks.

Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more

EE: Estonian Air to return excess Embraer airplanes.

Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 296
Dismiss