The Consumer Price Index in Latvia decreased 0.20 percent in December of 2019 over the previous month. Inflation Rate Mom in Latvia averaged 0.39 percent from 1995 until 2019, reaching an all time high of 3.50 percent in January of 1995 and a record low of -1.10 percent in August of 2003.
Inflation Rate Mom in Latvia is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Latvia to stand at 0.20 in 12 months time. In the long-term, the Latvia Inflation Rate MoM is projected to trend around 0.40 percent in 2020, according to our econometric models.