Inflation in Latvia
Latvia - Inflation
Inflation falls to nine-month low in September
Consumer prices ticked up 0.1% from the previous month in September, down slightly from August’s 0.2% drop. According to a breakdown of the sub-components provided by Latvia’s Central Statistical Bureau, 6 of the total 12 sub-components saw an increase in prices, led by clothing and footwear, and miscellaneous goods and services, which more than offset lower prices for food as well as for alcohol and tobacco.
Inflation fell to nine-month low 2.6% in September, from 3.2% in August. Meanwhile, annual average inflation remained stable at May’s near seven-year high of 3.0% in August.
FocusEconomics panelists see harmonized inflation averaging 2.9% in 2019, which is up 0.1 percentage points from the previous month’s forecast, and 2.3% in 2020, which is down 0.2 percentage points from previous month’s projection.
Latvia - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 0.0 | 0.6 | 0.2 | 0.2 | 2.9 |
Latvia Inflation Chart
Source: Central Statistical Bureau of Latvia and FocusEconomics calculations.
Latvia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.55 | 0.0 % | Jun 30 |
| Exchange Rate | 1.10 | 0.65 % | Sep 04 |
| Stock Market | 1,025 | 0.17 % | Sep 04 |
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Economic News
Latvia: Inflation falls to nine-month low in September
October 9, 2019
Consumer prices ticked up 0.1% from the previous month in September, down slightly from August’s 0.2% drop.
Latvia: Industrial production rebounds in August
October 4, 2019
Industrial production rose 2.0% in annual working-day adjusted terms in August, rebounding from July’s 1.3% dip.
Latvia: Inflation edges up in August
September 9, 2019
Consumer prices ticked up 0.2% from the previous month in August, contrasting July’s 1.0% drop, which had marked the strongest monthly contraction since July 2015.
Latvia: Industrial output dips in July
September 3, 2019
Industrial production fell 1.3% in annual working-day adjusted terms in July, contrasting June’s robust 4.4% increase.
Latvia: Inflation ticks down in July
August 12, 2019
Consumer prices fell 1.0% in July from the previous month in July, contrasting June’s 0.4% increase and marking the strongest monthly contraction since July 2015.
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