Introduction
This analysis draws on data published by Eurostat and the Organisation for Economic Co-operation and Development (OECD). All values are updated in real-time, typically on the 18th–20th of each month when data providers publish final figures. We will examine:
- Annual inflation (how prices have changed compared to the same month in the previous year)
- Monthly inflation (price changes compared to the previous month)
- Price level changes relative to 2015 (which provides a better understanding of changes over time)
As inflation represents a long-term structural trend, the annual rate provides the most meaningful indicator of price dynamics.
Overall Inflation
- In November 2025, Latvia's annual inflation rate amounted to 3.8%, and the monthly rate was -0.3%.
- For comparison, the annual inflation rate was 2.5% in the European Union and 2.2% in the euro area.
- Since 2015, consumer prices in Latvia have risen by 51.7%, showing the cumulative effect of inflation.
Food
- In October 2025, Latvia's annual food inflation rate was 5.7%, and the monthly rate was 0.5%.
- For comparison, the annual food inflation rate was 3% in the European Union and 2.4% in the euro area.
- Food prices in Latvia have changed by 76.3% in total since 2015.
Alcohol and Tobacco
- In October 2025, Latvia recorded an annual alcohol and tobacco inflation rate of 2.5%, and the monthly rate was -1.6%.
- For comparison, the annual alcohol and tobacco inflation rate was 3.9% in the European Union and 2.7% in the euro area.
- Since 2015, alcohol and tobacco prices in Latvia have increased by 50.8%.
Clothing
- In October 2025, Latvia's annual clothing inflation rate stood at 1.3%, and the monthly rate was -0.8%.
- For comparison, the annual clothing inflation rate was 0.7% in the European Union and 0.6% in the euro area.
- Clothing prices in Latvia have changed by 14.1% since 2015.
Housing and Utilities
- In October 2025, Latvia's annual housing and utilities inflation rate was 6.2%, and the monthly rate was 1.6%.
- Across the European Union, the annual housing and utilities inflation rate was 2.4%, compared with 1.6% in the euro area.
- Since 2015, housing and utilities prices in Latvia have changed by 62.7% in total.
Household Equipment
- In October 2025, Latvia's annual household equipment inflation rate amounted to 1.4%, and the monthly rate was 1.5%.
- For comparison, the annual household equipment inflation rate was 0.7% in the European Union and 0.5% in the euro area.
- Household equipment prices in Latvia have changed by 30.0% since 2015.
Healthcare
- In October 2025, Latvia's annual healthcare inflation rate stood at 4.1%, and the monthly rate was -0.3%.
- For comparison, the annual healthcare inflation rate was 2.9% in the European Union and 2.2% in the euro area.
- Healthcare prices in Latvia have changed by 54.3% since 2015.
Transport
- In October 2025, Latvia's annual transport inflation rate was 2.6%, and the monthly rate was 1.4%.
- For comparison, the annual transport inflation rate was 1.6% in the European Union and 1.7% in the euro area.
- Transport prices in Latvia have changed by 31.3% since 2015.
Communications
- In October 2025, Latvia recorded an annual communications inflation rate of 3%, and the monthly rate was -0.1%.
- For comparison, the annual communications inflation rate was 0.2% in the European Union and -0.6% in the euro area.
- Communications prices in Latvia have changed by 31.4% since 2015.
Recreation and Culture
- In October 2025, Latvia's annual recreation and culture inflation rate amounted to 2.1%, and the monthly rate was 0.3%.
- For comparison, the annual recreation and culture inflation rate was 1.7% in the European Union and 1.3% in the euro area.
- Recreation and culture prices in Latvia have changed by 41.6% since 2015.
Education
- In October 2025, Latvia's annual education inflation rate was 10.7%, and the monthly rate was 0.2%.
- For comparison, the annual education inflation rate was 4.4% in the European Union and 3.5% in the euro area.
- Education prices in Latvia have changed by 47.8% since 2015.
Restaurants and Hotels
- In October 2025, Latvia's annual restaurants and hotels inflation rate stood at 5.5%, and the monthly rate was -3.1%.
- For comparison, the annual restaurants and hotels inflation rate was 4% in the European Union and 3.6% in the euro area.
- Restaurants and hotels prices in Latvia have changed by 57.6% since 2015.
Energy
- In October 2025, Latvia recorded an annual energy inflation rate of 4.2%, and the monthly rate was 2%.
- For comparison, the annual energy inflation rate was 0% in the European Union and -0.5% in the euro area.
- Energy prices in Latvia have changed by 56.5% since 2015.
Services
- In October 2025, Latvia's annual services inflation rate amounted to 6%, and the monthly rate was 0%.
- For comparison, the annual services inflation rate was 3.7% in the European Union and 3.5% in the euro area.
- Services prices in Latvia have changed by 54.8% since 2015.
Frequently Asked Questions
In November 2025, annual inflation in Latvia was 3.8%, representing a change of -0.5 percentage points compared to the previous period.
The current price index (2015=100) shows 151.67 for Latvia as of November 2025. This means prices have risen significantly since the 2015 baseline year.
Month-over-month price changes in November 2025 were -0.3% in Latvia.
The inflation measurement in Latvia is composed of several key components, each with different weights in the overall index (per 1,000 of consumer expenditure):
- Food and non-alcoholic beverages: 267.7
- Alcoholic beverages, tobacco and narcotics: 71.64
- Clothing and footwear: 54.78
- Housing, water, electricity, gas and other fuels: 160.84
- Furnishings, household equipment and routine household maintenance: 34.96
- Health: 64.26
- Transport: 136.74
- Communication: 34.08
- Recreation and culture: 63.58
- Education: 11.93
- Restaurants and hotels: 52.09
- Miscellaneous goods and services: 47.4
- Total: 1,000
Inflation in Other Countries
Compare Latvia's inflation results with other European countries to explore broader regional trends.
Methodology and Data Sources
This analysis utilizes real-time data from Eurostat, processed and visualized through Monitly's analytics platform. All charts and statistics are updated automatically to reflect the latest available information.