Latvia's inflation falls to below 15 percent

Latvia's inflation fell for the fourth month straight to 14.9 percent in September, the Baltic country's statistics office said Wednesday. Monthly inflation in September was 1.1 percent, due to a jump in textile and education prices, the statistics office said. For over a year Latvia has had the European Union's highest annual inflation rate, peaking at 17.7 percent in May,... [read full story]