On consumer price changes in September 2011
Compared to August 2011, the average consumer price level in September 2011 increased by 0.4%. Prices of goods grew by 0.6%, but prices of services – fell by 0.2%.
The largest upward pressures to the price changes came from footwear and clothing, alcoholic beverages, tobacco products and food, but downward – from goods and services related to health and education.
As seasonal sales of the clothing and footwear ended, the prices for these goods grew - by 10.3% and 2.8%, respectively.
Due to the higher excise duty, which was increased in July, the prices for tobacco products rose by 2.3%. With the end of promotions the prices for alcoholic beverages increased by 1.2%.
The greatest upward pressures in food commodity group were put by vegetables, prices for which under the influence of seasonal factors on average grew by 4.0%. With the end of special offers prices for meat products (+1.6%), milk and dairy products (+1.1%), eggs (+4.8%) as well as sauces and spices (+1.7%) have increased. Due to the promotion campaigns the prices for bread (-1.5%), fats and oils (-1.1%), cereal products (-1.3%) and fresh fish (-2.3%) diminished.
The average price level of health care goods and services decreased by 0.8%, which was affected by the cheaper medicine and sanatorium services.
A price reduction in education group was influenced by the 3.0% decrease of the average costs of higher education.
Compared to September of the previous year, consumer prices increased by 4.6%. The average price level for goods increased by 6.1%, but for services – by 0.8%.
The annual average rate of change in September 2011 was 3.8%.
In the 9 months of 2011 the consumer prices have grown by 3.8% (September of this year in comparison with December 2010).
Consumer price change by commodity groups, %
September 2010 -
December 2010 -
August 2011 -
Food and non-alcoholic beverages
Alcoholic beverages and tobacco
Clothing and footwear
Housing, water, electricity, gas and other fuels
Household goods and services
Recreation and culture
Hotels, cafes and restaurants
Miscellaneous goods and services
Sub-indices with most important impacts
For further information:
Consumer Price Indices Section
Central Statistical Bureau of Latvia
Oskars Alksnis 371-67366865