Latvia: Annual inflation drops to 7.9% in June 2023: statistics

Average consumer prices in Latvia rose by 7.9% in June 2023, compared to the same period of 2022, according to data from the Central Statistical Bureau, LSM reports. The annual change in prices was mainly influenced by the rise in the price of food and non-alcoholic beverages and of goods and services related to housing, as well as the drop in transport prices. Compared to May 2023, consumer prices declined by 1.4%.