Latvia skyline

Latvia Inflation January 2018

Latvia: Inflation at an over one-year low in January

In January, consumer prices remained unchanged from the previous month, following December’s 0.1% month-on-month increase. According to Latvia’s Central Statistical Bureau, 5 out of the 12 components of the index deteriorated. Prices for clothing and footwear, which were affected by seasonal sales, and education recorded the biggest decreases. On the other hand, the largest increase was recorded in prices for furnishing, largely due to ending sales.

Inflation came in at an over one-year low of 2.0% in January, down from 2.2% in December. Consequently, average annual inflation remained dropped from 2.9% in December to 2.8%.

Harmonized consumer prices also declined 0.1% month-on-month in January, following a flat reading in December. Meanwhile, HICP inflation came in at a one-year low of 2.0% in January, below 2.2% in December. Thus, average HICP inflation came in at 2.8% in January, down from December’s 2.9%.

Latvia Inflation Forecast

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