Latvia Inflation Rate

Last Release

Jun 30, 2025

Actual

3.8

Units In

3.6

Frequency

Monthly

Next Release

Aug 08, 2025

Time to Release

29 Days 8 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 3.8% in June 2025 from 3.6% in the previous month, driven by stronger price gains in housing and utilities (3.3% vs 3.2% in May), healthcare (3.9% vs 3.7%), clothing and footwear (1.4% vs 0.7%), and miscellaneous goods and services (4.0% vs 0.7%). Meanwhile, the pace of price decline eased in transport (-1.3% vs -4.2%). However, these upticks were partially offset by slower price increases in food and non-alcoholic beverages (6.3% vs 7.5%), alcoholic beverages and tobacco (6.5% vs 7.3%), and recreation and culture (4.6% vs 5.2%). On a monthly basis, consumer prices rose 0.1%, reversing a 0.1% decline in May.