Consumer price level in November 2007

10.12.2007

Compared to October 2007, the average consumer price level in November 2007 rose by 1.4%. Prices of goods increased by 1.7%, but prices of services – by 0.6%.

The price increase of bread and cereal products, vegetables, meat and meat products, milk, cheese, eggs and fuel had the greatest impact on consumer price changes.

Prices continued to grow for heat energy, water supply, refuse collection and sewerage services. The rent of dwellings also increased.

The prices of automotive fuel in November on average grew by 5.4%, especially for diesel fuel. The prices of solid fuel and liquefied gas also became more expensive.

The prices of household maintenance and repair services grew, as well as for services of individual care institutions, catering, recreational and sporting services, outpatient services and insurance.

In November price decrease for vegetables was observed. The prices of airline tickets, telephones, as well as household services and hotel services decreased. Due to discounts the prices of footwear, household appliances, materials for maintenance and repair of dwelling, as well as TV, audio, video equipment decreased.

Compared to November of previous year, the consumer prices have increased by 13.7%, of which prices for goods increased by 12.8%, but for services – by 16.0%.

Moving 12 months average rate of change in November 2007 was 9.5%.

Consumer price change by commodity groups, %:

Commodity group

November 2006 -
November 2007

December 2006 -
November 2007

October 2007 -
November 2007

Total

13.7

13.3

1.4

Food

18.8

17.9

3.4

Alcoholic beverages and tobacco

19.8

20.1

0.4

Clothing and footwear

3.9

4.3

0.0

Housing, water, electricity, gas and fuels

20.1

19.8

0.9

Furnishing, household equipment and operation

4.1

4.2

0.0

Health care

8.8

9.0

0.5

Transport

14.7

14.1

1.7

Communication

-6.3

-4.9

-0.1

Recreation and culture

5.9

5.4

0.5

Education

18.8

18.7

0.2

Hotels and public catering

21.4

20.1

1.1

Miscellaneous goods and services

13.1

12.5

0.7

For further information:
Consumer Price Indices Section
Central Statistical Bureau of Latvia
Oskars Alksnis 371-67366865