Average consumer price level in July 2006 increased by 0.6%

08.08.2006

Compared with June 2006, the average consumer price level in July 2006 increased by 0.6%. Prices for goods rose by 0.5% and prices for services went up by 0.8%.

The rise in the prices of vegetables, potatoes, fruit and tobacco products as well as the fall in the prices of wearing apparel and footwear had the greatest impact on price changes in July.

With the new harvest appearing on the market, prices for vegetables, especially for beet, carrots, onions and potatoes, have gone up. Fruit also became more expensive. Dairy products, confectionery, fish and fish products, meat products and cooking oil and fat also became more expensive in July.

There were increases in the prices related to dwelling maintenance (water supply, sewerage, waste removal) as well as in the prices for the management of privatised dwellings, dwelling rent and heating.

Household appliances, cars, selected household and dwelling services as well as health services became more expensive. Prices for catering and hotel services as well as for transport-related insurance have increased.

With the continuing sales of seasonal goods, prices for wearing apparel and footwear have decreased. Prices for fuel in July fell slightly.

Compared with July of the previous year, consumer prices have increased by 6.9% (7.1% for goods and 6.6% for services).

Consumer price change by commodity groups, %:

Commodity group

July 2005
-
July 2006

December 2005 -
July 2006

June 2006
-
July 2006

Total

6.9

4.4

0.6

Food

8.9

7.6

2.0

Alcoholic beverages and tobacco

9.4

7.3

2.4

Clothing and footwear

-1.9

-8.9

-5.9

Housing, water, electricity, gas and fuels

15.8

8.9

1.6

Furnishing, household equipment and operation

2.0

1.2

0.4

Health care

5.1

4.9

0.5

Transport

6.7

6.2

0.1

Communication

-7.5

-2.2

-0.1

Recreation and culture

3.3

1.0

-0.4

Education

8.8

0.2

0.0

Hotels and public catering

13.0

5.1

0.3

Miscellaneous goods and services

4.9

2.4

0.5

For further information:

Consumer Price Indices Section
Central Statistical Bureau of Latvia

Oskars Alksnis 371-7366865