June’s inflation in Latvia was higher than the average in the European Union and Eurozone, according to the latest data published by Eurostat.
Compared to June 2021, inflation was registered in all EU member states in June 2022.
In June average inflation was 9.6% in the European Union and 8.6% in Eurozone. Compared to May, consumer prices in the EU increased by 0.9% and 0.8% in Eurozone in June.
Inflation is the highest in Baltic States.
In June inflation in Latvia was 19.2%. It was higher in Estonia and Lithuania – 22% and 20.5% respectively.
Compared to May, consumer prices in Latvia increased by 2.4% in June. In Lithuania prices increased by 2.2% and in Estonia – by 2.8%.
Between these two months consumer prices have increased in all EU member states except Germany and the Netherlands, where prices have went down by 0.1%. Inflation was the highest in Estonia.