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.

Latvia Inflation Rate
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Calendar GMT Actual Previous Consensus 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 106.75 106.44 106.75 44.44 Index Points [+]
Consumer Price Index CPI 106.90 106.20 109.00 22.60 Index Points [+]
Core Consumer Prices 105.75 105.99 105.99 50.26 Index Points [+]
Core Inflation Rate 2.00 2.20 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 104.90 105.00 119.20 43.70 Index Points [+]
Import Prices 99.50 99.30 121.20 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 [+]


Latvia Inflation Rate

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




Country Last
Argentina 45.50 Oct/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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