Cost of food in Latvia decreased 0.90 percent in June of 2026 over the same month in the previous year. Food Inflation in Latvia averaged 4.86 percent from 1998 until 2026, reaching an all time high of 29.50 percent in October of 2022 and a record low of -7.80 percent in January of 2010. source: Central Statistical Bureau of Latvia
Food Inflation in Latvia is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Food Inflation is projected to trend around 3.00 percent in 2027, according to our econometric models.