Harmonised Consumer Prices in Latvia decreased to 108.48 points in December from 108.68 points in November of 2019. Harmonised Consumer Prices in Latvia averaged 79.34 points from 1996 until 2019, reaching an all time high of 109.85 points in June of 2019 and a record low of 44.44 points in January of 1996.

Harmonised Consumer Prices in Latvia is expected to be 108.77 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Harmonised Consumer Prices in Latvia to stand at 111.15 in 12 months time. In the long-term, the Latvia Harmonised Consumer Prices is projected to trend around 113.60 points in 2020, according to our econometric models.

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Latvia Harmonised Consumer Prices

Actual Previous Highest Lowest Dates Unit Frequency
108.48 108.68 109.85 44.44 1996 - 2019 points Monthly
2015=100, NSA


Latvia Harmonised Consumer Prices
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.

Latvia Prices Last Previous Highest Lowest Unit
Inflation Rate 2.30 2.10 17.70 -4.30 percent [+]
Inflation Rate Mom -0.20 -0.30 3.50 -1.10 percent [+]
Consumer Price Index CPI 108.80 109.10 109.70 22.60 points [+]
Harmonised Consumer Prices 108.48 108.68 109.85 44.44 points [+]
Core Consumer Prices 107.05 107.59 108.50 50.26 points [+]
Core Inflation Rate 1.70 2.00 14.30 -5.20 percent [+]
GDP Deflator 1.12 1.26 1.27 0.42 percent [+]
Producer Prices 119.40 119.50 121.10 69.10 points [+]
Producer Prices Change -0.40 -0.20 17.70 -9.30 percent [+]
Export Prices 104.30 103.80 107.90 43.70 points [+]
Import Prices 96.60 97.00 104.30 52.40 points [+]
Food Inflation 2.40 2.50 21.60 -7.80 percent [+]
CPI Housing Utilities 108.10 108.50 108.60 35.10 points [+]
CPI Transportation 106.70 105.20 111.60 55.30 points [+]