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

In 2023, Latvia's HICP increased by 11.6% compared to 2022, reaching 9.6%.

The figure is above the EU-27 average of 5.6%.

Latvia ranks 8th 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 200.0% (from 3.2% in 2018).

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