Tue, May 13 2008, 12:35 GMT
by Violeta Klyviene
Latvias Statistical Office has released the April inflation figures. Inflation rose to 17.5 % y/y (1.5% m/m) from 16.8 % y/y (1.5% m/m) in March, but was significantly below our forecast of 18.7% y/y (2.6% m/m). 12-month average inflation moved to 13.0% y/y. The 39% electricity price increase had the greatest impact on price changes in April. Prices continued to rise for food and alcoholic beverages as well as for water supply, heat energy and fuel.
Published on Tue, May 13 2008, 12:39 GMT
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