“Latvia’s Inflation Concerns: Will Food Prices Increase and Entrepreneur Profits Rise?”

Inflation in Latvia has started to decrease, but it is still high enough to worry the population and reduce our purchasing power. Fortunately, wages continue to rise, just not to the extent of compensating for inflation. How will food prices change and do entrepreneurs currently use inflation as a reason to increase their profits?

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Meanwhile, the European Central Bank is raising interest rates, which has an unpleasant effect on borrowers, but seems to be finally having the expected effect on the economy. How long will “Euribor” rates continue to rise? Watch the “Swedbank” economic review on April 26 at 10:00 a.m. on “Swedbank Latvia” “Facebook” page and on “Delfi” live broadcasts.