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Latvia Inflation November 2020

Latvia: Consumer prices fall annually again in November

Consumer prices declined 0.28% over the previous month in November, following October’s flat reading. November’s result mainly reflected lower prices for clothing and footwear, transport, and recreation and culture.

Consumer prices dropped 0.7% year-on-year in November, matching October’s fall. Meanwhile, annual average inflation came in at 0.4%, down from 0.7% in October. Lastly, harmonized consumer prices slid 0.6% year-on-year in November, after declining 0.7% in the prior month.

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