Compared to July 2008, the average consumer price level in August 2008 decreased by 0.4%. The average prices of goods decreased by 0.9%, but prices of services increased by 0.7%. Price increase of clothing had the greatest impact on consumer price changes in August.
Due to discounts prices of non-durable household goods decreased. Prices of furniture and furnishings, carpets and floor coverings diminished.
Prices of wearing apparel, textiles, household goods grew.
Compared to August of previous year, consumer prices have increased by 15.7%, of which prices of goods increased by 15.3%, but of services – by 16.8%.
Compared to 12 months of previous year, the average consumer price level of 12 months has grown by 15.6%.
Central Statistical Bureau of Latvia