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

Consumer prices in Latvia increased 3.4 percent year-on-year in March of 2017, following a 3.3 percent rise in the prior month. It is the highest inflation rate since February 2012, mainly driven by prices of housing and utilities (2.1 percent vs 1.7 percent in February), alcoholic beverages and tobacco (2.2 percent vs 1.2 percent), recreation and culture (1.2 percent vs 0.9 percent) and clothing and footwear (0.1 percent vs -2 percent). Meanwhile, cost slowed for food (5.7 percent vs 6.4 percent) and transport (6.4 percent vs 6.7 percent). On a monthly basis, consumer prices went up 0.9 percent. Inflation Rate in Latvia averaged 3.74 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 Reference Actual Previous Consensus Forecast (i)
2017-02-10 11:00 AM Jan 2.9% 2.2% 2.5%
2017-03-08 11:00 AM Feb 3.3% 2.9% 3.2%
2017-04-10 10:00 AM Mar 3.4% 3.3% 3%
2017-05-10 10:00 AM Apr 3.4% 3.74%
2017-06-08 10:00 AM May 3.99%
2017-07-10 10:00 AM Jun 4.14%




Latvia Prices Last Previous Highest Lowest Unit
Inflation Rate 3.40 3.30 17.70 -4.30 percent [+]
Inflation Rate Mom 0.90 0.40 3.50 -1.10 percent [+]
Harmonised Consumer Prices 102.74 101.86 102.74 44.44 Index Points [+]
Consumer Price Index CPI 103.00 102.10 109.00 22.60 Index Points [+]
Core Consumer Prices 102.17 100.54 102.66 50.26 Index Points [+]
Core Inflation Rate 1.70 1.50 14.30 -5.20 percent [+]
GDP Deflator 1.15 1.15 1.17 0.42 percent [+]
Producer Prices 112.00 111.80 114.30 69.10 Index Points [+]
Producer Prices Change 2.00 1.30 17.70 -9.30 percent [+]
Export Prices 116.10 115.70 119.20 43.70 Index Points [+]
Import Prices 113.90 112.90 121.20 52.40 Index Points [+]
Cpi Transportation 101.30 101.00 111.60 55.30 Index Points [+]
Food Inflation 5.70 6.40 22.50 -8.60 percent [+]


Latvia Inflation Rate Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.30 17.70 -4.30 1998 - 2017 percent Monthly
2010=100



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Albania 2.10 Mar/17
Algeria 8.30 Feb/17
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Argentina 40.50 Apr/16
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Australia 2.10 Mar/17
Austria 2.00 Mar/17
Azerbaijan 13.20 Mar/17
Bahamas 0.80 Dec/16
Bahrain 0.80 Mar/17
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Belgium 2.28 Apr/17
Belize 2.30 Feb/17
Benin -1.00 Feb/17
Bhutan 3.71 Dec/16
Bolivia 3.34 Mar/17
Bosnia and Herzegovina 1.40 Mar/17
Botswana 3.50 Mar/17
Brazil 4.57 Mar/17
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Bulgaria 1.90 Mar/17
Burkina Faso 0.20 Feb/17
Burundi 21.10 Mar/17
Cambodia 4.04 Feb/17
Cameroon 0.50 Dec/16
Canada 1.60 Mar/17
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Central African Republic 38.04 Feb/16
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Chile 2.70 Mar/17
China 0.90 Mar/17
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Comoros 1.30 Dec/15
Congo 36.29 Feb/17
Costa Rica 1.58 Mar/17
Croatia 1.10 Mar/17
Cuba 4.50 Dec/16
Cyprus 1.90 Mar/17
Czech Republic 2.60 Mar/17
Denmark 1.00 Mar/17
Djibouti 2.80 Jan/17
Dominican Republic 3.14 Mar/17
East Timor 0.20 Feb/17
Ecuador 0.96 Mar/17
Egypt 30.90 Mar/17
El Salvador 0.54 Mar/17
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 2.80 Mar/17
Ethiopia 8.50 Mar/17
Euro Area 1.90 Apr/17
European Union 1.60 Mar/17
Fiji 5.60 Mar/17
Finland 0.80 Mar/17
France 1.20 Apr/17
Gabon 2.09 Feb/16
Gambia 8.80 Feb/17
Georgia 5.40 Mar/17
Germany 2.00 Apr/17
Ghana 12.80 Mar/17
Greece 1.70 Mar/17
Guatemala 4.00 Mar/17
Guinea 8.70 Dec/16
Guinea Bissau 2.00 Feb/17
Guyana 1.40 Dec/16
Haiti 13.90 Feb/17
Honduras 3.94 Mar/17
Hong Kong 0.50 Mar/17
Hungary 2.70 Mar/17
Iceland 1.90 Apr/17
India 3.81 Mar/17
Indonesia 3.61 Mar/17
Iran 11.90 Mar/17
Iraq -0.80 Feb/17
Ireland 0.70 Mar/17
Israel 0.90 Mar/17
Italy 1.80 Apr/17
Ivory Coast 0.40 Mar/17
Jamaica 4.10 Mar/17
Japan 0.20 Mar/17
Jordan 4.30 Mar/17
Kazakhstan 7.70 Mar/17
Kenya 11.48 Apr/17
Kosovo 1.50 Mar/17
Kuwait 2.63 Mar/17
Kyrgyzstan 2.80 Mar/17
Laos 1.75 Mar/17
Latvia 3.40 Mar/17
Lebanon 5.12 Mar/17
Lesotho 5.20 Feb/17
Liberia 13.31 Feb/17
Libya 22.30 Jan/17
Liechtenstein 0.60 Mar/17
Lithuania 3.10 Mar/17
Luxembourg 1.80 Mar/17
Macau 0.72 Mar/17
Macedonia 0.60 Mar/17
Madagascar 7.00 Dec/16
Malawi 15.80 Mar/17
Malaysia 5.10 Mar/17
Maldives 2.20 Feb/17
Mali 1.50 Feb/17
Malta 1.20 Mar/17
Mauritania 3.00 Mar/17
Mauritius 1.30 Mar/17
Mexico 5.35 Mar/17
Moldova 5.10 Mar/17
Mongolia 2.50 Mar/17
Montenegro 2.70 Mar/17
Morocco 0.10 Mar/17
Mozambique 21.57 Mar/17
Myanmar 9.94 Jul/16
Namibia 7.00 Mar/17
Nepal 2.90 Mar/17
Netherlands 1.10 Mar/17
New Caledonia 1.00 Mar/17
New Zealand 2.20 Mar/17
Nicaragua 3.17 Mar/17
Niger 1.60 Mar/17
Nigeria 17.26 Mar/17
North Korea 55.00 Jul/13
Norway 2.40 Mar/17
Oman 2.82 Mar/17
Pakistan 4.94 Mar/17
Palestine 1.65 Mar/17
Panama 1.50 Mar/17
Papua New Guinea 6.60 Dec/16
Paraguay 2.80 Mar/17
Peru 3.97 Mar/17
Philippines 3.40 Mar/17
Poland 2.00 Apr/17
Portugal 1.40 Mar/17
Puerto Rico 1.60 Feb/17
Qatar 0.90 Mar/17
Republic of the Congo 3.70 Apr/15
Romania 0.20 Mar/17
Russia 4.30 Mar/17
Rwanda 13.00 Mar/17
Sao Tome and Principe 4.90 Mar/17
Saudi Arabia -0.40 Mar/17
Senegal 2.40 Mar/17
Serbia 3.60 Mar/17
Seychelles -1.20 Mar/17
Sierra Leone 18.70 Jan/17
Singapore 0.70 Mar/17
Slovakia 1.00 Mar/17
Slovenia 1.80 Apr/17
Somalia -3.50 Dec/15
South Africa 6.10 Mar/17
South Korea 2.20 Mar/17
South Sudan 425.90 Feb/17
Spain 2.60 Apr/17
Sri Lanka 6.90 Apr/17
Sudan 33.50 Feb/17
Suriname 48.70 Jan/17
Swaziland 8.20 Jan/17
Sweden 1.30 Mar/17
Switzerland 0.60 Mar/17
Syria 51.10 Aug/16
Taiwan 0.18 Mar/17
Tajikistan 7.30 Mar/17
Tanzania 6.40 Mar/17
Thailand 0.76 Mar/17
Togo -0.40 Feb/17
Trinidad and Tobago 3.60 Jan/17
Tunisia 4.80 Mar/17
Turkey 11.29 Mar/17
Turkmenistan 6.17 Dec/16
Uganda 6.80 Apr/17
Ukraine 15.10 Mar/17
United Arab Emirates 2.70 Feb/17
United Kingdom 2.30 Mar/17
United States 2.40 Mar/17
Uruguay 6.71 Mar/17
Uzbekistan 5.70 Dec/16
Venezuela 741.00 Feb/17
Vietnam 4.30 Apr/17
Yemen 9.49 Nov/14
Zambia 6.70 Apr/17
Zimbabwe 0.21 Mar/17