Uldis Rutkaste
Uldis Rutkaste is the Head of the Monetary Policy Department at the Bank of Latvia. In recent discussions regarding food prices, he pointed out that consumer price inflation for food has been rising faster than producer prices, raising concerns about affordability and the economic pressures faced by Latvian households.
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Uldis Rutkaste indicated that consumer price inflation should have been lower given the current producer prices.
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