Consumer prices in Latvia increased 0.5% from the previous month in May 2026, after a 0.6% rise in April. Inflation Rate MoM in Latvia averaged 0.41 percent from 1995 until 2026, reaching an all time high of 4.00 percent in May of 2022 and a record low of -1.40 percent in June of 2023. source: Central Statistical Bureau of Latvia
Inflation Rate MoM in Latvia is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Inflation Rate MoM is projected to trend around 0.30 percent in 2027, according to our econometric models.