Latvian annual inflation 2.6% in September

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The latest data published October 8 by the Central Statistical Bureau (CSB) show that in September 2019, compared to September 2018, the average level of consumer prices rose by 2.6 %.

Prices of goods increased by 2.4 % and prices of services by 3.0 %.

Latvia annual inflation September 2019
Latvia annual inflation September 2019

Compared to September 2018, in September 2019 the average level of consumer prices was mainly influenced by the rise in prices of goods and services related to housing, food and non-alcoholic beverages, alcoholic beverages and tobacco products, goods and services related to recreation and culture, restaurant and hotel services, as well as health care.

Compared to August 2019, in September 2019 the average level of consumer prices rose by 0.1 %. Prices of goods grew by 0.2 %, while prices of services actually fell by 0.3 %.

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