Annual deflation in Latvia made 4.2% in February

Compared to January 2010 the average consumer price level in February 2010 remained unchanged in Latvia. Prices of goods rose by 0.1%, but of services – decreased by 0.4%. Compared to February of previous year, consumer prices have decreased by 4.2%.

Annual inflation in Latvia made 1.8% in August 2009

Compared to July 2009, the average consumer price level in August 2009 decreased by 1.0%. The average prices of goods decreased by 1.3%, but prices of services – by 0.4%.

Annual inflation in Latvia decreased to 2.5% in June

Compared to June 2009, the average consumer price level in July 2009 decreased by 0.6% in Latvia. The average prices of goods decreased by 0.8%, but prices of services – by 0.2%. Compared to July of previous year, consumer prices have increased by 2.5%.

Russia’s Central Bank cuts refinance rate to 10.75% p.a.

Russia's Central Bank announced on Monday it was cutting its key lending rate for the fifth time this year, by 0.25 percentage points to 10.75% per annum, following a slowdown in consumer price growth

Annual inflation in Latvia decreased to 3.4% in June

Compared to May 2009, the average consumer price level in June 2009 decreased by 0.5%. The average prices of goods decreased by 0.6%, but prices of services – by 0.4%.

Annual inflation in Latvia made 4.7% in May

Compared to April 2009, the average consumer price level in Latvia in May 2009 decreased by 0.5%. The average prices of goods decreased by 0.6%, but prices of services – by 0.4%. Compared to May 2008, consumer prices have increased by 4.7%.

Russia’s Central Bank to cut refinancing rate by 0.5 points to 11.5%

Russia's Central Bank announced it would further cut its key lending rate by 0.5 percentage points to 11.5% per annum from June 5, following a slowdown in consumer price growth