Latvia’s consumer price momentum came to a standstill in June 2026, with the country’s month‑over‑month Consumer Price Index (CPI) registering 0.00%. The figure marks a sharp slowdown from May 2026, when prices rose 0.50% compared with April, according to data updated on 8 July 2026.
On a month-over-month basis, the latest reading shows that, on average, consumer prices in June neither increased nor decreased versus May. In contrast, May’s 0.50% gain reflected a clear rise in prices relative to April, underscoring how quickly short-term inflation pressures have eased. The comparison uses each month’s change against the previous month, highlighting the shift from moderate inflation to a flat price environment within a single month.
The stabilization in June’s CPI suggests that recent price pressures in Latvia may be losing steam, at least in the short term, and will likely draw attention from policymakers and market participants watching for signs of either renewed inflation or emerging disinflation trends in the months ahead.
