Latvia Inflation Rate  1998-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Latvia increased 2.9 percent year-on-year in September of 2017, easing from a 3.1 percent rise in the previous month. Prices advanced less for: food & non-alcoholic beverages (5.5 percent vs 6.8 percent in August); housing & utilities (1.9 percent vs 2.1 percent); recreation & culture (1.8 percent vs 2.3 percent); miscellaneous goods & services (5.5 percent vs 5.6 percent) and restaurants & hotels (2.1 percent vs 2.2 percent). In addition, cost rose at the same pace for communication (3.5 percent) while fell further for clothing & footwear (-1.1 percent vs -0.4 percent) and furnishings (-1.7 percent vs -0.3 percent). On the other hand, prices increased faster for transport (3.2 percent vs 2.2 percent); alcoholic beverages & tobacco (1.7 percent vs 0.5 percent) and health (3.5 percent vs 2.9 percent). On a monthly basis, consumer prices went up 0.3 percent, after decreasing 0.2 percent in August. Inflation Rate in Latvia averaged 3.72 percent from 1998 until 2017, 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
2017-08-08 10:00 AM Inflation Rate YoY 2.6% 3.0% 2.9%
2017-09-08 10:00 AM Inflation Rate YoY 3.1% 2.6% 2.5%
2017-10-09 10:00 AM Inflation Rate YoY 2.90% 3.1% 3.2%
2017-11-08 11:00 AM Inflation Rate YoY 2.9% 2.20%
2017-12-08 11:00 AM Inflation Rate YoY 2%


Latvia Prices Last Previous Highest Lowest Unit
Inflation Rate 2.90 3.10 17.70 -4.30 percent [+]
Inflation Rate Mom 0.30 -0.20 3.50 -1.10 percent [+]
Harmonised Consumer Prices 103.07 102.90 103.82 44.44 Index Points [+]
Consumer Price Index CPI 102.90 102.70 109.00 22.60 Index Points [+]
Core Consumer Prices 103.69 103.55 104.15 50.26 Index Points [+]
Core Inflation Rate 1.70 2.00 14.30 -5.20 percent [+]
GDP Deflator 1.19 1.17 1.19 0.42 percent [+]
Producer Prices 114.00 113.70 114.30 69.10 Index Points [+]
Producer Prices Change 3.30 3.30 17.70 -9.30 percent [+]
Export Prices 118.00 117.70 119.20 43.70 Index Points [+]
Import Prices 111.90 112.30 121.20 52.40 Index Points [+]
CPI Housing Utilities 99.20 99.30 102.10 35.10 Index Points [+]
CPI Transportation 99.70 99.20 111.60 55.30 Index Points [+]
Food Inflation 5.50 6.80 22.50 -8.60 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.90 3.10 17.70 -4.30 1998 - 2017 percent Monthly
2010=100




inflation rate by Country

Last
Australia 1.90 Jun/17
Brazil 2.54 Sep/17
Canada 1.60 Sep/17
China 1.60 Sep/17
Euro Area 1.50 Sep/17
France 1.00 Sep/17
Germany 1.80 Sep/17
India 3.28 Sep/17
Indonesia 3.72 Sep/17
Italy 1.10 Sep/17
Japan 0.70 Aug/17
Mexico 6.35 Sep/17
Netherlands 1.50 Sep/17
Russia 3.00 Sep/17
South Korea 2.10 Sep/17
Spain 1.80 Sep/17
Switzerland 0.70 Sep/17
Turkey 11.20 Sep/17
United Kingdom 3.00 Sep/17
United States 2.20 Sep/17