Latvia Inflation Rate Edges Up to 3.8% in June

The annual inflation rate in Latvia rose to 3.8% in June 2025 from 3.6% in the previous month, driven by stronger price gains in housing and utilities (3.3% vs 3.2% in May), healthcare (3.9% vs 3.7%), clothing and footwear (1.4% vs 0.7%), and miscellaneous goods and services (4.0% vs 0.7%).

Meanwhile, the pace of price decline eased in transport (-1.3% vs -4.2%).

However, these upticks were partially offset by slower price increases in food and non-alcoholic beverages (6.3% vs 7.5%), alcoholic beverages and tobacco (6.5% vs 7.3%), and recreation and culture (4.6% vs 5.2%).

On a monthly basis, consumer prices rose 0.1%, reversing a 0.1% decline in May.