Recently several newspapers and Web magazines have been worrying about the rising prices and have written about the threat of inflation. Is this a thing that we should be concerned about, or is it just an example of a media-bubble?Prices, which have been in recession or stagnation for the last two years, have recently ‘woken up.’ Prices of several sensitive items, such as bread, milk and vegetables, have risen more than 10 percent just in the last two-three months alone. Overall, inflation on a yearly basis has risen to 4.7 percent (it is 1.0 percent in Latvia and 2.6 perc...
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