HICP - annual data (average index and rate of change) (1996-2025)

In 2023, Latvia's HICP decreased by 31.5% compared to 2022, reaching 12.2%.

The figure is above the EU-27 average of 11.6%.

Latvia ranks 9th out of 27 EU member states with reported data — in the top half of the distribution.

Over the past five years, the indicator has grown by 662.5% (from 1.6% in 2018).

Source: Eurostat dataset prc_hicp_aind, accessed via the eupublicdata pipeline.