India, May 12 -- Latvia's consumer price inflation accelerated in April to the highest level in just over one-and-a-half years, preliminary data from the statistical office showed on Monday.
The consumer price index rose 3.9 percent year-on-year in April, faster than the 3.3 percent increase in March.
Further, this was the highest inflation rate since August 2023, when prices had risen 5.4 percent.
The annual price growth in food and non-alcoholic beverages accelerated to 7.3 percent from 6.4 percent. Clothing and footwear prices rose at a faster pace of 1.4 percent annually after a 0.2 percent rise a month ago. Meanwhile, utility prices climbed at a steady rate of 1.2 percent.
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