Inflation in Latvia
Latvia - Inflation
Inflation inches down in March
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.
Latvia - Inflation Data
|Inflation Rate (CPI, annual variation in %)||0.0||0.6||0.2||0.2||2.9|
5 years of economic forecasts for more than 30 economic indicators.
Latvia Inflation Chart
Source: Central Statistical Bureau of Latvia and FocusEconomics calculations.
|Bond Yield||0.55||0.0 %||Jun 30|
|Exchange Rate||1.13||0.65 %||Jun 13|
|Stock Market||1,079||0.17 %||Jun 13|
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June 4, 2019
Industrial output dipped 2.4% in working day-adjusted year-on-year terms in April, contrasting March’s 1.5% increase.
May 31, 2019
A second reading of national accounts data revealed that the economy grew at a slightly faster pace than previously estimated in the first quarter of the year.
May 7, 2019
Industrial output increased 1.5% in working day-adjusted year-on-year terms in March, contrasting February’s 3.2% fall, which had marked the worst result in over five years.
April 30, 2019
Growth decelerated to 2.8% in year-on-year terms in the first quarter of the year, down sharply from the previous quarter’s 5.1% increase and marking the weakest expansion since Q3 2016.
April 15, 2019
Consumer prices rose 1.1% from the previous month in March, accelerating sharply from February’s 0.1% increase.