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

In 2023, Latvia's HICP decreased by 47.1% compared to 2022, reaching 9.1%.

The figure is above the EU-27 average of 6.4%.

Latvia ranks 7th 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 250.0% (from 2.6% in 2018).

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