Latvia Inflation Rate

Annual inflation rate in Latvia came in at 3.2 percent in October of 2018, unchanged from the previous month. It remained the highest inflation rate since April 2017, as inflation was steady for health (2.6 percent, the same as in September). Prices rose faster for housing & utilities (5.7 percent from 5 percent); transport (6.5 percent from 6.4 percent); recreation & culture (1.6 percent from 0.4 percent); restaurant & hotels (4 percent from 3.6 percent); communication (1.7 percent from 1.6 percent) and education (1.5 percent from 1.4 percent). On the other hand, cost slowed for food & non-alcoholic beverages (1 percent from 1.1 percent); alcoholic beverages & tobacco (5.3 percent from 5.7 percent); clothing & footwear (1.1 percent from 1.8 percent); miscellaneous goods & services (2 percent from 4.5 percent) and furniture & household equipment (0.9 percent from 1.1 percent). On a monthly basis, consumer prices went up 0.7 percent, following a 0.6 percent gain in September. Inflation Rate in Latvia averaged 3.65 percent from 1998 until 2018, reaching an all time high of 17.70 percent in May of 2008 and a record low of -4.30 percent in February of 2010.

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Calendar	GMT		Actual	Previous	TEForecast
2018-09-10	10:00 AM	Inflation Rate YoY	2.8%	2.6%	2.9%
2018-10-08	10:00 AM	Inflation Rate YoY	3.2%	2.8%	3.4%
2018-11-08	11:00 AM	Inflation Rate YoY	3.2%	3.2%	3.4%
2018-12-10	11:00 AM	Inflation Rate YoY			3.5%

Latvia Prices	Last	Previous	Highest	Lowest	Unit
Inflation Rate	3.20	3.20	17.70	-4.30	percent	[+]
Inflation Rate Mom	0.70	0.60	3.50	-1.10	percent	[+]
Harmonised Consumer Prices	106.44	105.78	106.59	44.44	Index Points	[+]
Consumer Price Index CPI	106.90	106.20	109.00	22.60	Index Points	[+]
Core Consumer Prices	105.99	105.31	105.99	50.26	Index Points	[+]
Core Inflation Rate	2.20	1.70	14.30	-5.20	percent	[+]
GDP Deflator	1.21	1.21	1.21	0.42	percent	[+]
Producer Prices	119.70	120.20	120.20	69.10	Index Points	[+]
Producer Prices Change	5.00	5.70	17.70	-9.30	percent	[+]
Export Prices	105.00	104.80	119.20	43.70	Index Points	[+]
Import Prices	99.30	98.60	121.20	52.40	Index Points	[+]
CPI Housing Utilities	104.90	104.20	104.90	35.10	Index Points	[+]
CPI Transportation	107.20	106.10	111.60	55.30	Index Points	[+]
Food Inflation	1.00	1.10	21.60	-7.80	percent	[+]

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. This page provides - Latvia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Inflation Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	3.20	3.20	17.70	-4.30	1998 - 2018	percent	Monthly	2015=100

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Country	Last		Previous	Highest	Lowest
Argentina	40.30	Sep/18	34.2	20263	-7	%	Monthly
Australia	1.90	Sep/18	2.1	23.9	-1.3	%	Quarterly
Brazil	4.56	Oct/18	4.53	6821	1.65	%	Monthly
Canada	2.20	Sep/18	2.8	21.6	-17.8	%	Monthly
China	2.50	Oct/18	2.5	28.4	-2.2	%	Monthly
Euro Area	2.20	Oct/18	2.1	5	-0.7	%	Monthly
France	2.20	Oct/18	2.2	18.8	-0.7	%	Monthly
Germany	2.50	Oct/18	2.3	11.54	-7.62	%	Monthly
India	3.31	Oct/18	3.7	12.17	1.54	%	Monthly
Indonesia	3.16	Oct/18	2.88	82.4	-1.17	%	Monthly
Italy	1.60	Oct/18	1.4	25.64	-0.6	%	Monthly
Japan	1.20	Sep/18	1.3	24.9	-2.5	%	Monthly
Mexico	4.90	Oct/18	5.02	180	2.13	%	Monthly
Netherlands	2.10	Oct/18	1.9	11.19	-1.3	%	Monthly
Russia	3.50	Oct/18	3.4	2333	2.2	%	Monthly
Saudi Arabia	2.10	Sep/18	2.2	11.1	-2	%	Monthly
Singapore	0.70	Sep/18	0.7	34	-3.1	%	Monthly
South Africa	4.90	Sep/18	4.9	20.7	0.2	%	Monthly
South Korea	2.00	Oct/18	1.9	32.5	0.2	%	Monthly
Spain	2.30	Oct/18	2.3	28.43	-1.37	%	Monthly
Switzerland	1.10	Oct/18	1	11.92	-1.4	%	Monthly
Turkey	25.24	Oct/18	24.52	139	-4.01	%	Monthly
United Kingdom	2.40	Oct/18	2.4	8.5	-0.1	%	Monthly
United States	2.50	Oct/18	2.3	23.7	-15.8	%	Monthly