Latvia: Annual inflation at 6.4% in July 2023: statistics

Latvia’s average level of consumer prices increased by 6.4% in July 2023, compared to the corresponding period in 2022, according to data from the Central Statistical Bureau, LSM reports. Consumer prices were mainly influenced by the rise in food and non-alcoholic beverage prices and of goods and services related to housing, as well as by the drop in transport prices. Compared to June 2023, consumer prices rose by 0.7%.