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Rimsevics: More inflation in store for Latvia
RIGA - Speaking at a press conference May 15, Bank of Latvia President Ilmars Rimsevics said that the inflationary pressure would persist over the coming months and policymakers need to do more to boost exports in order to cushion the economic downturn. Rimsevics said that the price for electricity, which catapulted 39.2 percent in April, would continue to exert upward pressure on consumer prices, which reached an annual growth rate of 17.5 percent last month, the highest in 12 years. He poi ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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