Deflation to continue in Latvia in coming months - bank analysts

  • 2020-07-08
  • LETA/TBT Staff
RIGA - Deflation in Latvia will continue in the coming months, bank analysts told LETA commenting on consumer price changes this past June. SEB Banka's macroeconomic expert Dainis Gaspuitis told LETA that the price level in the coming months would be most affected by the recovery of oil prices and next year by the global economic growth. As the restrictions are lifted, certain sectors, such as catering, tourism-related products and services, will be able to recover. However, this will not change the overall situation, which will be impacted by weake...
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