Latvia Inflation Rate

Last Release

Nov 30, 2025

Actual

3.8

Units In

4.3

Frequency

Monthly

Next Release

Jan 09, 2026

Time to Release

30 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
22.2 Sep 2022	-4.3 Feb 2010	4.09 %	1998-2025	Central Statistical Bureau of Latvia

In Latvia, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (23.7 percent of total weight). Housing and Utilities accounts for 16.2 percent; Transport for 13.6 percent; Alcoholic beverages and Tobacco for 8.2 percent; Recreation and Culture for 8 percent and Clothing and Footwear for 5.8 percent. Health; Miscellaneous Goods and Services; Furniture, Household Goods and Maintenance; Restaurants and Hotels; Communication and Education account for the remaining 24.5 percent of total weight.

Latest Updates

The annual inflation rate in Latvia slowed to 3.8% in November 2025, the lowest in four months, easing from 4.3% in October. The moderation was driven by slower price growth in food (5.2% vs 5.6%), transport (2.2% vs 2.6%), miscellaneous goods and services (0.8% vs 4.5%), recreation and culture (2.0% vs 2.3%), health (3.7% vs 4.0%), alcohol and tobacco (2.1% vs 2.4%) and communication (2.7% vs 3.0%). Prices remained stable for housing (6.2%) and restaurants and hotels (5.4%), while costs accelerated in clothing and footwear (1.7% vs 1.4%). On a monthly basis, consumer prices fell 0.3% in November, reversing a 0.4% increase in October and marking the sharpest decline since August 2024.