Inflation in Latvia

Latvia Inflation (eop) | Economic News & Forecasts

Latvia - Inflation (end of period)

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 (eop) Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %, eop)-0.4  0.2  0.3  2.2  2.2  

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Latvia Inflation (eop) 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

Bond Yield0.550.0 %Jun 30
Exchange Rate1.130.65 %Jul 11
Stock Market1,0240.17 %Jul 11

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