Cost of food in Latvia increased 2.80 percent in July of 2020 over the same month in the previous year.
Food Inflation in Latvia averaged 4.03 percent from 1998 until 2020, reaching an all time high of 21.60 percent in May of 2008 and a record low of -7.80 percent in January of 2010. This page provides - Latvia Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Food Inflation - values, historical data and charts - was last updated on August of 2020.
Food Inflation in Latvia is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Latvia to stand at 2.10 in 12 months time. In the long-term, the Latvia Food Inflation is projected to trend around 2.20 percent in 2021, according to our econometric models.