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

In 2024, Latvia's HICP decreased by 85.7% compared to 2023, reaching 1.3%.

The figure is below the EU-27 average of 2.6%.

Latvia ranks 22nd out of 27 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has fallen by 51.9% (from 2.7% in 2019).

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