In June 2025, consumer prices in Latvia increased by 0.1% compared to May, and by 3.8% compared to June 2024. This marks an uptick from the 3.6% annual inflation rate recorded in May, according to data from the Central Statistical Bureau of Latvia.
The average consumer price level over the past 12 months, compared to the previous 12-month period, rose by 2.7%.
Compared to May 2025, the largest impact on June’s price changes came from goods and services related to transport (+0.2 percentage points), recreation and culture (+0.1 pp), restaurant and hotel services (+0.1 pp), as well as decreases in food and non-alcoholic beverages (-0.1 pp), clothing and footwear (-0.1 pp), and housing-related goods and services (-0.1 pp).
Food and non-alcoholic beverage prices decreased by 0.5% in June. The biggest impact on the drop came from fresh vegetables (-6.4%). Due to promotional discounts, prices fell for bread (-2%), dairy products (-2.2%), butter (-3.3%), soft drinks (-4.3%), cheese and curd (-0.6%), ice cream (-1.8%), and milk (-0.9%). Fresh fruit also became cheaper (-1.2%).
Meanwhile, prices increased for pork (+2.1%), poultry (+1.4%), confectionery (+1.1%), chocolate (+1.9%), fresh or chilled fish (+4.4%), fruit and vegetable juices (+2.3%), coffee (+0.7%), and potatoes (+3%).
In the clothing and footwear category, prices dropped by 1% in June,
with footwear falling by 3.5% and clothing by 0.3%.
Housing-related goods and services saw a 0.3% price decline, mainly due to cheaper electricity (-1.3%), heating (-0.7%), and solid fuels (-1.4%). However, prices rose for housing maintenance and repair services (+2.7%) and rent (+1.7%).
Transport-related goods and services became 1.9% more expensive in June, driven mainly by a 2.5% rise in fuel prices – diesel by 2.8%, petrol by 2.5%, while LPG prices fell by 0.3%. Passenger air and road transport also became more expensive.
Recreation and culture prices increased by 1%, mainly due to more expensive package holidays. Fiction book prices rose by 3.4%. Pet food prices dropped due to promotions.
Restaurant and hotel services increased by 1.5% in June,
with the sharpest rise in hotel services (+6.6%). Prices also went up for restaurant and café services (+0.6%), fast food (+1.6%), and canteens (+0.8%).
Other notable monthly changes included rising prices for telecommunications and dental services, while prices dropped for wine, spirits, mobile phones, and household furniture.
The main contributors to the 3.8% annual increase in the consumer price index were food and non-alcoholic beverages (+1.7 pp), housing-related goods and services (+0.6 pp), alcoholic beverages and tobacco (+0.5 pp), recreation and culture (+0.3 pp), healthcare (+0.3 pp), and transport (-0.2 pp).
Food and non-alcoholic beverage prices rose by 6.3% year-on-year. The most significant increase was seen in coffee (+32.1%), followed by poultry (+19%), chocolate (+32.3%), eggs (+20.4%), dairy products (+9.3%), and butter (+21%). Other price increases were observed in fresh fruit (+7%), confectionery (+5.5%), cheese and curd (+4.6%), dried, salted, or smoked meat (+2.3%), vegetable oil (+14%), milk (+4.4%), beef (+22%), yogurt (+6.8%), fruit and vegetable juices (+8.1%), and ice cream (+8.2%). Prices fell for potatoes (-15%), fresh vegetables (-4.8%), sugar (-19.9%), flour and other cereals (-3.1%), and fresh or chilled fish (-5.2%).
Alcoholic beverages and tobacco prices rose by 6.5%.
Tobacco prices increased by 10.6%, while alcoholic drinks went up by 4.4%, with increases in spirits, beer, and wine.
Housing-related goods and services became 3.3% more expensive over the year. Electricity prices rose the most (+6.8%). Other increases were seen in property management services (+8%), natural gas (+10.9%), housing repair services (+11.6%), waste collection (+11%), rent (+5.8%), sewage (+3.3%), and water supply (+2.2%). In contrast, heating (-3.7%) and solid fuels (-2.3%) became cheaper.
Healthcare prices rose by 3.9% year-on-year, with increases in specialist consultations, dental services, medical laboratory tests, and radiology.
Transport prices fell by 1.3% due to a 3.7% drop in fuel prices. Diesel fell by 5.4%, petrol by 6.1%, while LPG rose by 27.8%. Used cars and spare parts became cheaper, but maintenance, tires, and rail transport became more expensive.
Recreation and culture prices increased by 4.6%, with rises in TV subscriptions, leisure and sports services,
newspapers and magazines, package holidays, flowers, and museum entry fees. Pet food became cheaper.
Restaurant and hotel services rose by 4.7%. Catering services became more expensive, including restaurant and café services (+3.7%), canteens (+6.3%), and fast food (+4.9%). Hotel services increased by 6.7%.
Prices for various goods and services rose by 4%, driven by personal hygiene products, beauty products, and care home costs. Hairdresser and beauty salon services, ID issuance fees, and childcare also became more expensive. Motor vehicle insurance costs fell.
Other categories with notable annual increases included telecommunications, clothing, preschool education, and household cleaning products. Mobile phone prices fell.
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