Consumer price level in May 2006

08.06.2006

Compared with April, the average consumer price level in May 2006 increased by 1.2%. Prices for goods rose by 1.4% and prices for services went up by 0.7%.

The rise in the prices of vegetables, automotive fuel and catering services had the greatest impact on the price rise in May.

The prices of the new season’s vegetables and potatoes rose on average by 13.6%.

The prices of automotive fuel in May rose on average by 7.0%.

Under influence of hockey championship the prices of cafes, restaurants and hotel services became more expensive.

The new, higher tariffs for the supply of natural gas took effect in May.

Following a price fall at the beginning of the year the prices of tobacco goods rose by 1.0%. The prices of non-alcoholic beverages continued to rise.

Just like in previous month, in May telecommunications services became cheaper.

In comparison with May of the previous year, consumer prices have increased by 6.6% (7.0% for goods and 5.6% for services).

Consumer price change by commodity groups, %:

Commodity group

May 2005 -
May 2006

December 2005 -
May 2006

April 2006 -
May 2006

Total

6.6

3.6

1.2

Food

7.0

5.2

1.9

Alcoholic beverages and tobacco

7.6

3.7

0.5

Clothing and footwear

0.4

-1.7

0.7

Housing, water, electricity, gas and fuels

14.0

6.6

1.0

Furnishing, household equipment and operation

3.2

1.0

0.1

Health care

4.7

4.2

0.6

Transport

9.8

5.8

3.0

Communication

-8.2

-3.6

-0.5

Recreation and culture

3.1

1.3

0.1

Education

8.8

0.2

0.0

Hotels and public catering

13.4

4.3

2.4

Miscellaneous goods and services

5.8

1.7

-0.1

For further information:

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