Monday, July 9, 2007

Latvia's Inflation Rate Rose to 8.8 Percent, Highest in the EU, in June

(Bloomberg) -- Latvia's annual inflation rate rose
to 8.8 percent in June, the highest in the European Union, as
food prices advanced.

The rate rose from 8.2 percent in May, the Riga-based
statistics office said on its Web site today, exceeding a median
estimate of 8.4 percent by seven economists in a Bloomberg
survey. Consumer prices rose a monthly 0.9 percent.


Read more at Bloomberg Emerging Markets News

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