Riga, Latvia - The Central Statistical Bureau of Latvia has reported a modest rise in the Consumer Price Index (CPI) for June 2025, stepping up from 3.60% in May to 3.80% year-over-year. This latest statistic, updated on July 8, 2025, reflects a slight uptick in inflation as the Baltic nation experiences fluctuating economic conditions.
This rise marks a shift in consumer prices compared to the same period last year, illustrating a modest inflationary trend. In May, the CPI gained traction at 3.60% when compared to May the previous year, indicating ongoing inflationary pressures that have continued into June.
Economic analysts are closely monitoring these developments, as consumer price changes can influence monetary policy and impact household spending decisions. As Latvia navigates its economic landscape post-COVID, all eyes remain on how these figures will develop in the coming months and their potential effects on economic growth and consumer confidence.
