Latvia Inflation Rises Slightly In February

(RTTNews) - Latvia's consumer prices inflation accelerated modestly in February, figures from the Central Statistical Bureau showed Monday.

The consumer prices index rose 0.5 percent annually, following 0.4 percent gain in the previous month. Prices climbed for the second straight month, after falling in each of the previous two months.

Higher prices in hotels and restaurants, recreation and culture, furnishings and food were the main reasons behind the mild increase in inflation in February.

Month-on-month, prices were flat during last month, after rising 0.6 percent in January.