Latvian consumer prices advanced less than analysts forecast in January as communications and clothing costs fell.
Prices rose 0.6 percent from a year earlier, the slowest pace in 28 months, compared with a 1.6 percent increase in December, the statistics office, based in the capital, Riga, said today in by e-mail. That’s below the 1.2 percent median estimate in a Bloomberg survey of seven economists. Prices fell 0.2 percent from the previous month.
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