Bloomberg News

Latvian Price Growth Unexpectedly Slowed in October on Clothing

November 08, 2012

Latvian consumer prices unexpectedly slowed in October as clothing and communication costs fell.

Prices rose 1.6 percent from a year earlier, compared with a 1.8 percent advance in September, the statistics office, based in the capital, Riga, said today on its website. A Bloomberg survey of six economists had forecast an increase of 1.9 percent. Prices were unchanged from the previous month.

To contact the reporter on this story: Aaron Eglitis in Riga at aeglitis@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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