Harmonised Inflation Rate YoY in Latvia increased to 3.40 percent in May from 2.90 percent in April of 2026. Harmonised Inflation Rate YoY in Latvia averaged 4.21 percent from 1997 until 2026, reaching an all time high of 22.00 percent in September of 2022 and a record low of -4.30 percent in February of 2010. source: EUROSTAT

Related	Last	Previous	Unit	Reference
Core Consumer Prices	103.82	102.67	points	May 2026
Core Inflation Rate	3.30	2.60	percent	May 2026
Harmonised Consumer Prices	103.83	103.25	points	May 2026
Harmonised Inflation Rate MoM	0.50	0.60	percent	May 2026
Harmonised Inflation Rate YoY	3.40	2.90	percent	May 2026
Inflation Rate YoY	3.50	2.90	percent	May 2026

Latvia Harmonised Inflation Rate YoY

The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.