Latvia skyline

Latvia Inflation February 2023

Latvia: Harmonized inflation falls to lowest level since June 2022 in February

Harmonized inflation eased to 20.1% in February below January’s 21.4%. February’s figure marked the weakest inflation rate since June 2022. Looking at the details of the release, prices for food and non-alcoholic beverages, transportation, and housing and utilities grew at a weaker pace in February.

That said, the trend pointed up, with annual average harmonized inflation coming in at 19.3% in February (January: 18.4%). Meanwhile, consumer price inflation fell to 20.3% in February, from the previous month’s 21.5%.

Lastly, harmonized consumer prices increased 0.63% in February over the previous month, accelerating from January’s 0.52% increase.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest