Inflation in Latvia

Latvia Inflation | Economic News & Forecasts

Latvia - Inflation

Inflation ticks down in February

Consumer prices rose 0.1% from the previous month in February, moderating from January’s 0.5% increase. According to Latvia’s Central Statistical Bureau, the reading largely reflected higher prices for recreation and culture, and alcohol and tobacco more than offsetting lower prices for miscellaneous goods and housing.

Inflation inched down from 3.0% in January to 2.9% in February. Meanwhile, annual average inflation rose slightly to 2.7% in February, from 2.6% in January, marking a 12-month high. Lastly, harmonized inflation ticked down to 2.8% in February, from 2.9% in the previous month.

FocusEconomics panelists see harmonized inflation averaging 2.6% in 2019, unchanged from the previous month’s forecast, and 2.4% in 2020.

Latvia - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)0.0  0.6  0.2  0.2  2.9  

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Latvia Inflation Chart


Latvia Inflation
Note: Annual variation of harmonized index of consumer prices (HICP) in %.
Source: Central Statistical Bureau of Latvia and FocusEconomics calculations.

Latvia Facts

ValueChangeDate
Bond Yield0.550.0 %Jun 30
Exchange Rate1.140.65 %Mar 20
Stock Market9720.17 %Mar 20

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