On consumer price changes in April 2008

12.05.2008

Compared to March 2008, the average consumer price level in April 2008 rose by 1.5%. Prices of goods increased by 1.9%, but prices of services – by 0.7%.

The price increase of electricity by 39.2% had the greatest impact on price changes in April.

Prices continued to rise for bread and cereals, meat, oils and fats, vegetables, alcoholic beverages as well as water supply, heat energy, diesel fuel, pharmaceutical products, footwear, wearing apparel, non-durable household goods, books and various services.

Due to the discounts the prices of milk and dairy products, cheese, eggs, sugar, juices and soft drinks decreased. TV, audio, video, photo and data processing equipment as well as telephones became cheaper. The prices of flowers, airline tickets, and tools for house and garden went down.

Compared to April of previous year, the consumer prices have increased by 17.5%, of which prices for goods increased by 17.6%, but for services – by 17.3%.

Compared to previous 12 months, the average consumer price level has increased by 13.0%.

Consumer price change by commodity groups, %:

Commodity group

April 2007 -
April 2008

December 2007 -
April 2008

March 2008 -
April 2008

Total

17.5

7.4

1.5

Food

20.8

6.5

1.3

Alcoholic beverages and tobacco

45.9

25.4

1.0

Clothing and footwear

2.1

-1.2

1.4

Housing, water, electricity, gas and fuels

32.4

15.8

6.8

Furnishing, household equipment and operation

4.4

2.1

0.2

Health care

13.2

7.4

0.8

Transport

11.9

5.0

0.4

Communication

-5.9

-2.9

-0.3

Recreation and culture

9.0

4.6

0.0

Education

19.6

1.8

0.0

Hotels and public catering

22.3

7.8

1.3

Miscellaneous goods and services

13.6

5.9

0.9

For further information:

Consumer Price Indices Section
Central Statistical Bureau of Latvia
Oskars Alksnis 371-67366865