Latvia Inflation Rate

Last Release

Aug 31, 2025

Actual

4.1

Units In

3.8

Frequency

Monthly

Next Release

Oct 08, 2025

Time to Release

28 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 rose to 4.1% in August 2025, the highest since August 2023, accelerating from 3.8% in July. The increase was mainly driven by faster price growth in food and non-alcoholic beverages (7.5% vs 6.9% in July), housing & utilities (3.6% vs 3.3%), clothing and footwear (1.6% vs 1.1%), education (10.6% vs 10.2%), communication (3.8% vs 2.7%), and furnishings and household maintenance (2.6% vs 1.2%), alongside rebounds in transport (0.3% vs -0.3%) and miscellaneous goods and services (3.8% vs -0.7%). Conversely, price gains slowed in recreation and culture (3.6% vs 5.0%), alcoholic beverages and tobacco (3.8% vs 5.9%), restaurant and hotel services (5.2% vs 5.4%), and health (2.7% vs 3.6%). On a monthly basis, consumer prices fell 0.2% in August, reversing a 0.1% increase in July.