Latvia’s consumer price growth continued to slow at the start of 2026, with annual CPI easing to 2.90% in January, down from 3.50% in December 2025. The latest data, updated on 11 February 2026, confirms a further moderation in inflation on a year-over-year basis.
Both the current and previous readings compare price changes in each respective month to the same month a year earlier. The decline from December’s 3.50% to January’s 2.90% suggests that price pressures are gradually subsiding, signaling a sustained disinflationary trend in the Latvian economy as 2026 begins.
With inflation moving closer to typical central bank comfort zones, the softer January figure may influence expectations around monetary conditions and real income dynamics, as households and businesses adjust to a slower pace of price increases compared with a year ago.
