Latvia Inflation March 2019

Latvia

Latvia: Inflation inches down in March

April 15, 2019

Consumer prices rose 1.1% from the previous month in March, accelerating sharply from February’s 0.1% increase. According to Latvia’s Central Statistical Bureau, the reading largely reflected higher prices for clothing and footwear, and food more than offsetting lower prices for furnishings and miscellaneous goods.

Inflation inched down from 2.9% in February to 2.8% in March. Meanwhile, annual average inflation rose slightly to 2.8% in March from 2.7% in February. Lastly, harmonized inflation ticked down to 2.7% in March from 2.8% in the previous month.

Latvia Inflation Forecast


FocusEconomics panelists see harmonized inflation averaging 2.5% in 2019, unchanged from the previous month’s forecast, and 2.4% in 2020.


Author:, Economist

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Latvia Inflation Chart


Latvia Inflation March 2019

Note: Month-on-month changes and annual variation of consumer price index (CPI) in %.
Source: Central Statistical Bureau of Latvia.


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