Chapter Central bank Latvia called four reasons of record inflation in the country

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To Latvia one of the highest rates of inflation in the eurozone is recorded, exceeding 21,5%, in this respect are four explanations. The head declared national banks to the Latvian agency it LETA the countries Martinsh Kazaks. First, he considers, the answer is covered in consumption structure: "Inhabitants Latvia spend the most part of the daily expenses on food products and energy resources, that is for those categories of products on which in the world markets the greatest rise in prices" is observed. By its calculations, to Latvia about 40% of expenses of the population are the share of food products and energy resources, and...
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Martinsh Kazaks
Last position: Head (Central bank Latvia)
Central bank Latvia
Main activity:Finance
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