Latvia Inflation Rate  1998-2018 | Data | Chart | Calendar | Forecast

Inflation rate in Latvia increased to 2.8 percent year-on-year in August 2018 from 2.6 percent in the prior month. Main upward pressure came from prices of: housing & utilities (4.9 percent vs 4.6 percent in July); alcoholic beverages & tobacco (5.9 percent vs 4.2 percent); health (3.4 percent vs 2.9 percent); miscellaneous goods & services (4.3 percent vs 3.4 percent) and restaurants & hotels (3.4 percent vs 3.0 percent). Meantime, cost fell less for food & non-alcoholic beverages (-0.2 percent vs -0.9 percent). On the other hand, cost slowed for transport (7.2 percent vs 8.3 percent) and clothing & footwear (0.2 percent vs 2.4 percent). On a monthly basis, consumer prices were down 0.1 percent, after decreasing 0.8 percent in the preceding month Inflation Rate in Latvia averaged 3.66 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
2018-07-10 10:00 AM Inflation Rate YoY 2.8% 2.3% 2.5%
2018-08-08 10:00 AM Inflation Rate YoY 2.6% 2.8% 2.8%
2018-09-10 10:00 AM Inflation Rate YoY 2.8% 2.6% 2.9%
2018-10-08 10:00 AM Inflation Rate YoY 2.8% 3.4%
2018-11-08 11:00 AM Inflation Rate YoY 3.4%
2018-12-10 11:00 AM Inflation Rate YoY 3.5%


Latvia Prices Last Previous Highest Lowest Unit
Inflation Rate 2.80 2.60 17.70 -4.30 percent [+]
Inflation Rate Mom -0.10 -0.80 3.50 -1.10 percent [+]
Harmonised Consumer Prices 105.78 105.75 106.59 44.44 Index Points [+]
Consumer Price Index CPI 105.50 105.60 109.00 22.60 Index Points [+]
Core Consumer Prices 105.31 104.93 105.96 50.26 Index Points [+]
Core Inflation Rate 1.70 2.00 14.30 -5.20 percent [+]
GDP Deflator 1.21 1.21 1.21 0.42 percent [+]
Producer Prices 120.20 119.00 120.20 69.10 Index Points [+]
Producer Prices Change 5.70 4.80 17.70 -9.30 percent [+]
Export Prices 104.80 104.80 119.20 43.70 Index Points [+]
Import Prices 98.60 98.80 121.20 52.40 Index Points [+]
CPI Housing Utilities 104.20 103.70 104.20 35.10 Index Points [+]
CPI Transportation 106.30 107.10 111.60 55.30 Index Points [+]
Food Inflation -0.20 -0.90 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.80 2.60 17.70 -4.30 1998 - 2018 percent Monthly
2015=100




inflation rate by Country
Country Last
Argentina 34.40 Aug/18
Australia 2.10 Jun/18
Brazil 4.19 Aug/18
Canada 2.80 Aug/18
China 2.30 Aug/18
Euro Area 2.00 Aug/18
France 2.30 Aug/18
Germany 2.00 Aug/18
India 3.69 Aug/18
Indonesia 3.20 Aug/18
Italy 1.60 Aug/18
Japan 1.30 Aug/18
Mexico 4.90 Aug/18
Netherlands 2.30 Aug/18
Russia 3.10 Aug/18
Saudi Arabia 2.20 Aug/18
Singapore 0.70 Aug/18
South Africa 4.90 Aug/18
South Korea 1.40 Aug/18
Spain 2.20 Aug/18
Switzerland 1.20 Aug/18
Turkey 17.90 Aug/18
United Kingdom 2.70 Aug/18
United States 2.70 Aug/18


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