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Latvia Inflation October 2022

Latvia: Harmonized inflation moderates in October

Harmonized inflation came in at 21.7% in October, down from Septembers 22.0%. The result was driven by moderating price pressures for transportation and housing and utilities.

Annual average harmonized inflation rose to 15.0% in October (September: 13.7%). Meanwhile, consumer price inflation fell to 21.7% in October, from Septembers 22.1%.

Finally, harmonized consumer prices increased 0.84% from the previous month in October, below September’s 1.50% increase.

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