On consumer price changes in August 2006

08.09.2006

The average consumer price level decreased by 0.2% in August 2006 compared to July 2006. Prices for goods decreased by 0.5% but prices for services went up by 0.5%.

The fall in the prices of vegetables, potatoes and fruit had the greatest impact on consumer price changes.

The prices of communication services continued to go down.

There were also price decreases for alcoholic beverages, household appliances, mobile telephones, computer equipment, TV and photographic goods, sports and recreational goods, bicycles and cut flowers.

With the new payment rates for sworn notaries services coming into force, fees for legal services in August went up.

The increases in the prices were mostly for the following food products: meat and meat products, fish and fish products, milk and milk products, sweets, cheese and eggs.

The prices of tobacco products continued to rise. Prices rose for motor petrol but decreased for diesel fuel.

There were price increases for a variety of services such as bus traffic, catering, health treatment, home care, sowing and cleaning of clothing, cultural and entertainment services.

Compared with August of the previous year, consumer prices have increased by 6.8% (6.9% for goods and 6.7% for services).

Consumer price change by commodity groups, %:

Commodity group

August 2005
-
August 2006

December 2005
-
August 2006

July 2006
-
August 2006

Total

6.8

4.2

-0.2

Food

8.7

5.8

-1.7

Alcoholic beverages and tobacco

8.9

8.1

0.7

Clothing and footwear

-1.5

-8.9

-0.1

Housing, water, electricity, gas and fuels

14.6

8.9

0.0

Furnishing, household equipment and operation

2.6

1.7

0.6

Health care

5.6

5.3

0.4

Transport

6.6

6.9

0.7

Communication

-7.9

-2.8

-0.6

Recreation and culture

3.2

1.1

0.0

Education

8.7

0.2

0.0

Hotels and public catering

12.9

5.6

0.4

Miscellaneous goods and services

6.2

4.1

1.7

For further information:

Consumer Price Indices Section
Central Statistical Bureau of Latvia
Oskars Alksnis 371-7366865