10 November 2025, 14:28 Latvia: Inflation Rate Accelerates to Over 2-Year High.
The annual inflation rate in Latvia rose to 4.3% in October 2025, from 4% in September, the highest since August 2023. Prices increased at a faster pace for housing (6.2% vs 4.1% in September), miscellaneous goods and services (4.5% vs 1.4%), and health (4% vs 3.7%). Meanwhile, inflation was steady for transport (at 2.6%) and recreation and culture (at 2.3%). On the other hand, cost slowed for food (5.6% vs 6.8%), alcohol and tobacco (2.4% vs 3.9%), clothing and footwear (1.4% vs 1.6%), communication (3% vs 3.3%) and restaurants and hotels (5.4% vs 5.7%). On a monthly basis, consumer prices rose by 0.4% in October, after a 0.2% increase in September.
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