Industrial output grew 0.7% compared to the same month of the previous year in June, which was a deterioration from In July 2022, compared to July 2021, the average level of consumer prices in Latvia increased by 21.5 percent. The Latvian CPI was 11.05033 in the year 1992 and 137.5108 in 2022: 137.5108 11.05033 100 = 1,244.40 100 in 1992 has the same "purchasing power" or "buying power" as 1,244.40 in Price rise for cheese and curd (33.7 percent), milk products (39.3 percent) and yoghurt (29.9 percent) had the strongest upward influence The greatest pressure on the price changes was put by the rise in prices of goods and services Food Inflation in Latvia averaged 4.15 percent from 1998 until 2022, reaching Cost of food in Latvia increased 22.10 percent in June of 2022 over the same month in the previous year. FocusEconomics panelists see harmonized inflation averaging 3.7% in 2022, which is up 0.3 percentage points from last months forecast, and 2.1% in 2023. 5 years of economic forecasts for more than 30 economic indicators. Note: Annual variation of harmonized index of consumer prices (HICP) in %. In depth view into Latvia Inflation Rate: Food including historical data from 1997, charts and stats. Lastly, harmonized consumer prices increased 1.50% in September over the previous month, accelerating from August's 0.41% increase. The 5-year and 10-year The maximum level was 112 index points and minimum was 22.6 index points. August 3, 2022. Inflation Rate in Latvia averaged 3.77 percent from 1998 until 2022, reaching an all time high of 21.50 percent in July of 2022 and a record low of -4.30 percent in February of 2010. January's reading marked the weakest inflation rate since October 2021. Annual average inflation rose to 3.9% in January (December: 3.3%). Lastly, harmonized inflation fell to 7.5% in January, from Decembers 7.9%. latvia's consumer price inflation rate eased to 21.8 percent year-on-year in october 2022 from the previous month's all-time high of 22.2 percent, as prices rose at softer rates for housing What is CPI Index in Latvia? The table below contains annual inflation rates in Latvia from 1992. This page Consumer prices in Latvia climbed 19.3 percent year-on-year in June of 2022, accelerating sharply from a 16.9 percent hike in the previous month. Compared to June 2022, in July 2022 the average level of consumer prices increased by 2.2 %. In depth view into Latvia Inflation Rate including historical data from 1997, charts and stats. Our panelists see harmonized inflation averaging Latvia: Industrial output growth wanes in June. Core consumer prices in Latvia increased 8.90 percent in September of 2022 over the same month in the previous year. Latvia: Annual inflation in July at 21.5% Monday, August 8, 2022 The latest data published on August 8 by the Central Statistical Bureau show that in July 2022, compared to July 2021, the Consumer Price Index in Latvia increased to 140 index points in October 2022. Compared to the corresponding month of the previous year, the lowest price increase in Latvia was precisely for Latvia Inflation Rate: Food 20.00% for Jul 2022 Overview; Interactive Chart; Level Annual inflation in Latvia has reached 21.5% 2022-08-08 LETA/TBT Staff RIGA - In July 2022, compared to July 2021, the average level of consumer prices in Latvia increased by 21.5 Core Inflation Rate in Latvia averaged 3.10 percent from 1997 In the long-term, the Latvia Inflation Rate is projected to trend around 2.20 percent in 2020, according to our econometric models. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. In July 2022, Latvia had the second highest inflation among EU countries. The current inflation rate in Latvia is 22.17%, which is calculated based on CPI The 'Inflation %' column indicates how much prices have changed since the previous year. Latvia Inflation Rate 22.00% for Sep 2022 Overview; Interactive Chart; Level Chart July To calculate cumulative rates between two different periods, you can use the Latvia Inflation Calculator. The maximum level was 112 index points and minimum was 22.6 index and! 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