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Latvia and Ukraine outpace Russia in terms of inflation

28.08.2008 - RBC

Latvia and Ukraine outpace Russia in terms of inflation

Among European countries, Latvia and Ukraine outpaced Russia in terms of inflation in January-July, seeing an inflation rate of 9.6 percent and 14.9 percent respectively, Russia's Federal State Statistics Service (Rosstat) reported today. Meanwhile, Russia's inflation stood at 9.3 percent over the first seven months of 2008. In July, Malta saw the highest inflation rate in Europe (1.9 percent), followed by Bulgaria (1.4 percent), while Russia's inflation reached 0.5 percent.

The information has been prepared by Rosstat on the basis of the publications of Eurostat and national statistics services, as well as data published on the Internet in accordance with the IMF's standards.










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